TSXV:EVE.H - Post by User
Comment by
Volcom370on Nov 24, 2018 10:46am
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Post# 29017264
RE:Expansion is fully funded
RE:Expansion is fully funded Was this statement before or after the news that we are waiting after Health Canada to start generating revenue?
Savageraptor wrote: The expansion of approximately 780,000 sq. ft., is underway and is expected to be completed by May 2019. The total financing requirements for this latest expansion are approximately $26,200,000, of which $6,000,000 have already been expended. Management of the Company expects that the remaining estimated amount of $20,200,000 will be paid with the Company’s existing financial resources and anticipated operating cash flows.