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Captiva Verde Industries Ltd ARDWF

"Captiva Verde Industries Ltd is primarily involved in the production and sale of organic greens and other organic produce. Its product portfolio comprises baby spinach, kale, lettuce, arugula, kale, chard, and mizuna. The company has two geographic segments - Canada and the United States."


GREY:ARDWF - Post by User

Post by calicheon Oct 03, 2017 11:27pm
140 Views
Post# 26773599

Unit financing complete

Unit financing completei think we trade in about 4 weeks

CAPTIVA VERDE LAND CORP. ANNOUNCES COMPLETION UNIT FINANCING Captiva Verde Land Corp. (“Captiva Land” or the “Company”) is pleased to announce that it has closed a non-brokered private placement of 584,720 units of the Company (the “Units”) at $0.05 per Unit for gross proceeds of approximately $29,000 (the “Offering”). The Offering closed in four tranches, the first consisting of 4,560,000 units on July 4, 2017, the second consisting of 900,000 Units on September 6, 2017, the third on September 7, 2017 consisting of 150,000 Units and this last tranche of 584,720 Units on September 29, 2017, for an aggregate of 6,194,720 Units for aggregate gross proceeds of $309,736. Each Unit consists of one common share in the capital of the Company (a “Share”) and one-half of a share purchase warrant (each whole warrant, a “Warrant”). Each Warrant entitles the holder to purchase one additional common share in the capital of the Company (a “Warrant Share”) at a price of $0.10 per Warrant Share for a period of 60 months. All securities issued in connection with the Offering are subject to a statutory hold period ending on the date which is four months and one day following the issue date in accordance with applicable securities legislation. The Company did not pay any finder’s fees in connection with the Offering. For further information, please contact Mr. Jeffrey Ciachurski at telephone no.: 949-903-5906 or view the Company’s filings at www.SEDAR.com. ON BEHALF OF THE BOARD OF DIRECTORS “Jeff Ciachurski”
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