GREY:FLOOF - Post by User
Post by
payton Jun 30, 2020 4:46am
277 Views
Post# 31206357
Dilusion
DilusionIf these guys keep diluting the shares we will soon be at $0.10 cents. Someone is making money but it sure isn't us..............................................................................................................................
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TORONTO, June 29, 2020 /CNW/ - Flower One Holdings Inc. ("Flower One" or the "Company") (CSE: FONE) (OTCQX: FLOOF) (FSE: F11), a leading cannabis cultivator, producer and innovator in Nevada, is pleased to announce that it has closed its previously announced non-brokered private placement, raising gross proceeds of CDN$8.2 million (US$6.1 million) (the "Private Placement"). In connection with the Private Placement, the Company issued a total of 16,102,018 units ("Units") comprised of one common share in the capital of the Company (each a "Common Share") and one-half common share purchase warrant (each a "Warrant"). The Company intends to use the net proceeds for general working capital purposes.
regards payt