Chalice Brands Ltd CHALF

Healthcare Cannabis

Chalice Brands Ltd. is a U.S. operator in the most competitive, innovative and mature cannabis market in North America. Leaders in retail, marketing and craft cultivation supported by fully integrated processing and distribution. The Company has 12 retail stores in Oregon operating as Chalice Farms, Homegrown Oregon and Left Coast Connection and is distributed nationally through Fifth & Root.

GREY:CHALF - Post by User

Chalice Brands Ltd

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Comment by PotStockeron Dec 01, 2015 3:42pm

53 Views

Post# 24344169

RE:RE:RE:RE:RE:Dilution at 86c

PotStocker wrote:

RomanGod wrote: 4.75 / 5.5 = still the same just 86c share...

Better. Let me help you. You have another mistake. See it now? Below.

Purchaser to subscribe as follows: 1,000,000 Common Shares for aggregate consideration of $1,000,000 (funding as of “closing date”); at “closing”, the Company then issued three separate warrants for 1,000,000 “units”, each purchasable at an exercise price $1.00. Each “Unit” is comprised of one Common Share and one half of one common share purchase warrant (which will entitle the holder thereof to acquire one Common Share (a “Warrant Share”) at a price of USD $.50 per Share for each of two Units). The aggregate exercisable Warrant Shares amounts to 4,500,000 shares (3,000,000 shares at $1.00 and 1,500,000 shares at $0.50).