TSXV:SUGR.W.H - Post Discussion
Post by
Betteryear2 on May 04, 2022 2:14pm
Sugarbud Announces $848,000 First Tranche Closing
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES
CALGARY, Alberta, May 04, 2022 (GLOBE NEWSWIRE) -- Sugarbud Craft Growers Corp. (TSXV: SUGR, SUGR.WT, SUGR.WS, SUGR.WR, SUGR.DB) (OTCQB: SBUDF) ("Sugarbud" or the "Company") is pleased to announce the closing of its first tranche of its previously-announced marketed public offering (the "Offering") of convertible debenture units (each, a "Debenture Unit") for aggregate gross proceeds of $848,000. Net proceeds from the Offering will be used for additional processing and production equipment purchases, facility upgrades and other corporate purposes.
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