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TAAT Global Alternatives Inc C.TAAT

Alternate Symbol(s):  TOBAF

TAAT Global Alternatives Inc. is a vertically integrated consumer product and distribution company. The Company develops, manufactures, and distributes alternative product categories, such as tobacco and reduced-risk alternatives, hemp, kratom, and other emerging consumer packaged goods (CPG) segments. The Company operates through two segments: the sale of non-tobacco and tobacco products. The Company is developing nicotine-free and tobacco-free alternatives to traditional cigarettes. The Company utilizes a proprietary, patent-pending process (including a patent-pending refinement technique) with a blend of all-natural ingredients to provide smokers aged above 21 with an alternative to traditional cigarettes that do not contain nicotine or tobacco. The Company has facilities to include a processing plant in Nevada as well as a distribution center in Canton, Ohio, leveraging existing retail shelf space and pipelines into national wholesale channels.


CSE:TAAT - Post by User

Post by gemsearcher2on Jun 10, 2020 10:42pm
292 Views
Post# 31136772

Another financing announced today.. this one lower at .25

Another financing announced today.. this one lower at .25TAAT LIFESTYLE & WELLNESS LTD.Suite 810 789 West Pender StreetVancouver, BC V6C 1H2TAAT LIFESTYLE & WELLNESS CLOSES NON-BROKERED PRIVATE PLACEMENTNOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESVANCOUVER, BRITISH COLUMBIA, CANADA (June 10, 2020)TAAT Lifestyle & Wellness Ltd.(the “Company” or “TAAT”)is pleased to announce that it has closed a non-brokered private placement of 3,020,000common shares (Shares”) at a price of $0.25per Share for gross proceeds of $755,000(the “First Private Placement”). Finder’s fees of anaggregate total of $3,000.00 cashand an aggregate total of 12,000 common shares purchase warrants (“Finder’s Warrants”) with an exercise price of $0.25 to purchase one additional Share per Finder’s Warrant for a period of 12 months from closing have been paid as finder’sfees to Echelon Wealth Partners Inc., and Integral Wealth Securities Limited in connection with the closing of the First Private Placement.The Company is also pleased to announce that it has completed an additional non-brokered private placement of 675,000 Shares at a price of $0.40 per Share for gross proceeds of $270,000 (the “Second Private Placement”). No finder’s fee was paid in connection with the Second Private Placement. The net proceeds from theFirstPrivate Placementand the Second Private Placementwill be used for general corporate and working capital purposes. Pursuant to applicable securities laws, all securities issuedunderthe First Private PlacementandtheSecond Private Placementare subject to a statutory hold period of four monthsand a day from the date of issuance.About TAAT Lifestyle & Wellness Ltd. TAAT Lifestyle & Wellness Ltd. is an early-stage life sciences company focused on hemp and the association with health and wellness. TAAT Lifestyle & Wellness is focused upon hemp-based products that have been demonstrated to aid in improving health, quality of life, and overall wellness.For further information on TAAT Lifestyle & Wellness Ltd., please visit the Company's SEDAR profile at www.sedar.com.For further information contact:Joel DumaresqCEO and DirectorTAAT Lifestyle & Wellness Ltd.(604) 336 3193joel@pashleth.comForward-Looking StatementsNote Regarding Forward-Looking Information and Statements

 

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