If you think $0.77 is not a good price? Think again !!!!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.