Indiva Ltd V.NDVA.H

Alternate Symbol(s): NDVAF

Healthcare Cannabis

Indiva Limited, through its indirect wholly owned subsidiary, Indiva Inc., is a Canada-based producer of cannabis servicing the medical and recreational markets. The Company is engaged in producing and selling cannabis products. It focuses on the production and processing of edible and extract cannabis products as well as packaging of edibles and extracts. Its brands include Pearls by Gron, Bhang Chocolate, Indiva Doppio Sandwich Cookies, Indiva 1432 Chocolate, and No Future Gummies and Vapes, as well as other Indiva branded extracts. Its product category includes edibles, capsules and tablets, and vape. Its edibles include Vanilla Double -Stuffed Chocolate Cookie, and Golden Vanilla Double Stuffed Cookie. The Company sells its cannabis products to consumers in the recreational market in the provinces of Ontario, British Columbia, Alberta, Quebec, Nova Scotia, Saskatchewan, Manitoba, New Brunswick, Prince Edward Island, Newfound.

TSXV:NDVA.H - Post by User

Indiva Ltd

Bullboard Posts

Post by muchogustoon Mar 09, 2017 2:04am

332 Views

Post# 25955435

[Financing - here is the offer...]

Hey, they decided to do a great one, to have cash for phase 1 -3 ! ;-)

Share price up today? It's a huge dilution, but RIR will stay independent and it's still cheap with a market cap of 2,5MC$ at 0,10$/share.

IMHO, it can give a run if the financing is closed faster than 2 weeks.

Opinions?!

TORONTO, ONTARIO--(Marketwired - Mar 8, 2017) - Rainmaker Resources Ltd. (TSX VENTURE:RIR) ("Rainmaker" or the "Company") is pleased to announce a non-brokered private placement financing to raise up to $750,000 (the "Offering"). The Offering is anticipated to be structured as a best efforts private placement comprised of 15,000,000 common shares ("Shares") of the Company at a price of $0.05 per Share.

It is currently anticipated that certain principals and insiders of the Company may participate in the Offering.

It is currently anticipated that a cash fee will be paid to finders representing 7% of the gross proceeds raised in the Offering.

Completion of the Offering is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange and the securities regulatory authorities. There can be no assurance that the Offering will be completed, whether in whole or in part. All securities issued by the Company in connection with the Offering will be subject to a statutory four month hold period. Proceeds from the Offering will be used for general corporate purposes and to extinguish all outstanding debentures.

Read more at https://www.stockhouse.com/news/press-releases/2017/03/08/rainmaker-announces-financing#dojM1JDe5Szb9ODM.99