GREY:ALGWF - Post by User
Comment by
1969Enigmaon Jan 19, 2017 11:38pm
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Post# 25732216
RE:RE:RE:RE:RE:Next News Release
RE:RE:RE:RE:RE:Next News Release"The Company plans to allocate the proceeds of the Private Placement primarily to the Botany Centre for property acquisition and preliminary planning and development, plus Investments in Licensed Growers and at various stages of the license process, investments in other potentially lucrative arrangements in the medical and recreational cannabis space, as well as general working capital."
Dinvestor44 wrote:
Yeah, I agree. They weren't close to filling out the 2m PP so why increase it to 3m. Unless there is something specific they plan to do with that extra million right away.