TSXV:ELXR.H - Post by User
Comment by
Spardeion Jul 21, 2018 8:30am
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Post# 28348367
RE:July 20th
RE:July 20tham I reading this wrong then? MONTREAL, May 15, 2018 /CNW Telbec/ - LGC Capital Ltd. (TSXV: LG) ("LGC") is pleased to report that the documentation for its Global Canna Labs Limited ("Global Canna Labs") transaction was completed in Kingston, Jamaica earlier this week and has now been submitted to the TSXV for review and approval. The signed contracts provide for LGC subscribing for a $2.5 million secured debenture, convertible into an initial 30% strategic interest in Global Canna Labs and to also acquire a 5% royalty on Global Canna Labs' net sales for $2.0 million, payable in shares of LGC.