RE:Private PlacementHmmm..... that was kinda slipped at the end of the day. Not sure what to make of this.
https://thecse.com/sites/default/files/2018_01_19_Form_9_-_Notice_of_NBPP.pdf
Total amount of funds to be raised: $2,000,000
2. Provide full details of the use of the proceeds. The disclosure should be sufficiently complete to enable a reader to appreciate the significance of the transaction without reference to any other material. . General working capital purposes, seeking out revenue generating cannabis related ventures and North Road Ventures (wholly-owned subsidiary of the Company) ACMPR build-out costs.
Description of securities to be issued:
(a) Class Common Shares (the “Shares) (b) Number 5,000,000 Shares (c) Price per security $0.40 per Unit
Warrants:
(a) Number 2,500,000 Warrants (b) Number of securities eligible to be purchased on exercise of Warrants (or options) 2,500,000 Warrant Shares (c) Exercise price $0.60 (d) Expiry date 2 years from closing[/quote]