NRTH last PP $1.36, 50 million in the bank
48North closes $28.75-million bought deal
2019-04-02 10:23 ET - News Release
Ms. Alison Gordon reports
48NORTH CLOSES PREVIOUSLY ANNOUNCED BOUGHT DEAL FOR TOTAL GROSS PROCEEDS OF $28.75 MILLION
48North Cannabis Corp. has closed its previously announced bought deal short form prospectus offering of units of the company for total gross proceeds of approximately $28.75-million, which included the exercise of the overallotment option granted to the underwriters in full. Pursuant to the offering, 21,139,760 units were sold at a price per unit of $1.36 for gross proceeds of $28,750,073. The offering was completed by a syndicate of underwriters including Eight Capital, as sole bookrunner and lead underwriter, and Canaccord Genuity Corp.
Each unit comprises one common share of the
and warrants money
48North receives $13.56M from warrant exercises
2019-05-03 09:04 ET - News Release
Mr. David Hackett reports
48NORTH ACCELERATES WARRANT EXPIRY DATE, GROSS PROCEEDS TO THE COMPANY TOTAL $13,568,570
48North Cannabis Corp. had previousl
give and take we got 40 to 50 million cash in the bank