Bullboard - Stock Discussion Forum Psyched Wellness Ltd C.PSYC

Alternate Symbol(s): PSYCF

Psyched Wellness Ltd. is a Canada-based health supplements company. The Company is engaged in the distribution of mushroom-derived products and associated consumer packaged goods. The Company creates organic, natural, and lab-tested mushroom products to promote health and wellness of people globally. The Company is in the process of developing a line of Amanita muscaria-derived water-based... see more

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CSE:PSYC - Post Discussion

Psyched Wellness Ltd > Psyched Wellness Closes Tranche 2A of Non-Brokered P.P.

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Post by Betteryear2 on Sep 01, 2023 2:03pm

Psyched Wellness Closes Tranche 2A of Non-Brokered P.P.

Toronto, Ontario--(Newsfile Corp. - September 1, 2023) - Psyched Wellness Ltd. (CSE: PSYC) (OTCQB: PSYCF) (FSE: 5U9) (the "Company" or "Psyched Wellness"), a life sciences company focused on the production and distribution of health and wellness products derived from the Amanita Muscaria mushroom, is pleased to announce, further to its press releases dated May 30, 2023 (the "May 30 Release") and June 12, 2023 (the "June 12 Release"), that it has closed a second tranche of its previously announced non-brokered private placement (the "Offering") effective August 31, 2023 (the "Tranche 2A Closing Date") for gross proceeds of US$4,500,000 ("Tranche 2A") upon satisfying the Tranche 2A closing conditions and receiving a closing notice. Capitalized terms not otherwise defined herein have the meanings attributed to them in the May 30 Release.

Psyched Wellness Closes Tranche 2A of Non-Brokered Private Placement, Amends and Restates Investor Rights Agreement, Provides Corporate Update and Announces Director Change (newsfilecorp.com)