NINE last pp $2.70currently 1.40$
ask anyone..its easy to make $$$$ when PP was at higher level...and trading below...and now sector is getting volume plus love
Delta 9 Cannabis closes $23-million bought deal
2017-12-28 09:31 ET - News Release
Mr. John Arbuthnot reports
DELTA 9 ANNOUNCES CLOSING OF $23 MILLION BOUGHT DEAL FINANCING
Delta 9 Cannabis Inc. has closed its previously announced bought deal financing of 8,521,500 units at a price of $2.70 per unit for aggregate gross proceeds to Delta 9 of $23,008,050. The offering was conducted by a syndicate of underwriters led by Canaccord Genuity Corp. and including PI Financial Corp., Beacon Securities Ltd., Haywood Securities Inc. and Mackie Research Capital Corp. The offering included 1,111,500 units sold pursuant to the full exercise of the underwriters' overallotment option. Each unit consists of one common share of the company and one common share purchase warrant. Each warrant is exercisable to acquire one common share at an exercise price of $3.25 per warrant share for a period of 30 months from the closing of the offering. The company has applied to list the warrants for trading on the TSX Venture Exchange. The warrants will be listed for trading subject to meeting distribution requirements and the other requirements of the TSX-V.