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Elixxer Ltd. V.QBA


Primary Symbol: V.ELXR

Elixxer Ltd is a Canada based company engaged in growing and producing medical-grade cannabis. It focuses on making investments in Nutraceuticals, Cosmetics, Pharma, and Cultivation and Extraction sectors.


TSXV:ELXR - Post by User

Bullboard Posts
Comment by ConfidentDDon Jan 23, 2018 9:43am
44 Views
Post# 27414870

RE:RE:This morning: LGC not forcing the warrants.

RE:RE:This morning: LGC not forcing the warrants.Read the LGP presser from yesterday.  

"The Binding Term Sheet also contains an undertaking by LGC to participate in Little Green Pharma's next capital raise, by June 30, 2018, to the extent required to maintain LGC's 14.99% shareholding in Little Green Pharma"

The only way LGC can maintain its percentage is to issue more shares or take on debt.  Doh.

ImperialCredits wrote: They are not issuing more shares, read this.

ImperialCredits wrote: 3 hours ago, from John McMullen: LGC not forcing the warrants. Cash in bank exceeds demands of investments.

https://twitter.com/Jadmcmullen

 




Bullboard Posts