RE:$40 Million raised at $1.82 = Amazing buy at $1.08..LOLsrtman03 wrote: Harvest One Announces Upsize of its Previously Announced Bought Short Form Prospectus Offering of Units to $35.0 Million VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 9, 2018) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES Harvest One Cannabis Inc. (TSX VENTURE:HVST) ("Harvest One" or the "Company") is pleased to announce that is has entered into a revised engagement letter with Mackie Research Capital Corporation (as the lead underwriter and sole bookrunner), on behalf of a syndicate of Underwriters, including Haywood Securities Inc., and Eight Capital Corporation (collectively, the "Underwriters") to increase the size of the previously announced bought short form prospectus offering (the "Offering") to $35,000,000 of units ("Units") of the Company, at a price of $1.82 per Unit (the "Offering Price"). Under the Offering, each Unit will consist of one common share ("Common Share") and one Common Share purchase warrant ("Warrant"). Each Warrant shall entitle the holder thereof to purchase one Common Share (a "Warrant Share") at an exercise price of $2.30 per Warrant Share at any time up to 24 months following the closing of the Offering. The Company has also granted the Underwriters an option (the "Over-Allotment Option") exercisable in whole or in part, at any time up to 30 days after the closing of the Offering to purchase up to an additional 15% of the number of Units issued pursuant to the Offering at the Offering Price. If the Over-Allotment Option is exercised in its entirety, the aggregate gross proceeds of the Offering will be $40,250,000
100% and closed it Jan 31st :) Harvest One Closes $40,250,000 Public Financing of Units, Including Exercise of Over-Allotment Option in Full NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES Share Print January 31, 2018 09:20 ET | Source: Harvest One Cannabis Inc. VANCOUVER, British Columbia, Jan. 31, 2018 (GLOBE NEWSWIRE) -- Harvest One Cannabis Inc. (TSXV:HVST) ("Harvest One" or the "Company") is pleased to announce that it has closed its previously announced "bought deal" offering of $40,250,000 of units (Units) of the Company, at a price of $1.82 per Unit (the Offering), which included the exercise of the over-allotment option granted to the Underwriters (defined below) in full. Each Unit consisted of one common share ("Common Share") and one Common Share purchase warrant ("Warrant"). Each Warrant entitles the holder thereof to purchase one Common Share (a "Warrant Share") at an exercise price of $2.30 per Warrant Share at any time up to January 31, 2020. The Units were sold on a "bought deal" basis through a syndicate of underwriters led by Mackie Research Capital Corporation and including Haywood Securities Inc. and Eight Capital (collectively, the "Underwriters"). The Company intends to use the net proceeds of the Offering to expand the Company's facilities as well as for working capital and general corporate purposes.