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Abattis Bioceuticals Corp ATTBF

Abattis Bioceuticals Corp is a Canadian life science and biotechnology company focuses on aggregating, integrating and investing in agricultural technologies and biotechnology services for the legal cannabis industry. It is primarily engaged in producing, licensing and marketing proprietary ingredients and formulas for use in the biopharma, nutraceutical, cosmetic and animal nutrition markets. The company is also engaged in growing, extraction, testing, propagation and online distribution.


GREY:ATTBF - Post by User

Bullboard Posts
Comment by Fillthegapon Dec 16, 2017 1:37am
141 Views
Post# 27170254

RE:The new PP is nice but..

RE:The new PP is nice but..New PP - The Company will issue up to an aggregate of up to 13,953,488 units at a price of $0.43 per unit (each a"Unit").The Company reserves an over-allotment option to increase the Offering by up to 15%. Each Unit consists of one common share (a "Common Share") and one half of one Common Share purchase warrant (each whole warrant a "Warrant"). Each Warrant is exercisable for one Common Share for a period of three years from the closing date of the Offering at an exercise price of$0.65per Common Share. In the event that the Company's common shares trade at a price on the Canadian Securities Exchange (the "Exchange") (or such other exchange on which the common shares may be traded at such time) of greater than $0.75 per share for a period of 10 consecutive trading days
Fillthegap wrote: Don't forget about all those warrants from the last PP. They will be accelerated if the trading price remains over .325 for 10 trading days @ a price of .25 each. That add another 5 million or so to the bank. Which means ATT now as roughly 15 million from PP to expand. I haven't read the new PP but I'm sure there is a acceleration clause in it also.


Bullboard Posts