VIVO Cannabis Inc. V.PDA

RE:Anyone buying at this level will be rewarded !!! $$$$$$

[1hot-techwoman]

srtman03 wrote: ABcann Global Completes $70 Million Bought Deal Financing and $4.8 Million Exercise of Underwriters Over-Allotment Option THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. NAPANEE, Ontario, Feb. 28, 2018 (GLOBE NEWSWIRE) -- ABcann Global Corporation (TSXV:ABCN) (ABcann or the Company) is pleased to announce that it has closed its bought deal financing, as previously announced on January 29, 2018, of: (i) 11,500,000 units (each, a Unit) of the Company at a price of $3.50 per Unit, for aggregate gross proceeds of $40,250,000 (the Unit Offering); and (ii) 30,000 6.0% unsecured convertible debentures (each, a Convertible Debenture) of the Company at a price of $1,000 per Convertible Debenture, for aggregate gross proceeds of $30,000,000 (the Debenture Offering and collectively with the Unit Offering, the Offering). The Offering was conducted by a syndicate of underwriters led by Canaccord Genuity Corp. and Eight Capital and including GMP Securities L.P. and PI Financial Corp. (collectively, the Underwriters). In addition, the Offering included 862,500 Warrants (defined below) and 4,500 Convertible Debentures sold pursuant to the exercise of the Underwriters over-allotment option, for additional aggregate gross proceeds of $4,793,250. Completion of the Offering further increases our cash position to over $135 million and will allow us to pursue multiple opportunities and execute our strategic vision, stated Barry Fishman, ABcanns Chief Executive Officer.

I would think so :) Sitting on $135 Million and selling to Australia now , don't rule out a buy out offer for them as well ! GLTA