VIVO Cannabis Inc. VVCIF

RE:RE:RE:RE:We just got diluted from 295 million shares

[JaCkSnap]

Oh really they hadnt even made the offer up yet you might want to compare the dates again lol. Nice try though moron.

Toronto, Ontario – October 6, 2020 – VIVO Cannabis Inc. (TSX:VIVO) (“VIVO” or the “Company”) is pleased to announce that it has commenced a best efforts fully marketed offering of units of the Company (each, a “Unit” and, collectively, the “Units”) at an issue price per Unit of $0.15, for gross proceeds to the Company of approximately $5,100,000 (the “Offering”). Clarus Securities Inc. and Gravitas Securities Inc. have been engaged by the Company to act as co-lead agents (together, the “Agents”) in respect of the Offering. Each Unit will consist of one common share of the Company (each, a “Common Share”) and one half of one Common Share purchase warrant (each whole Common Share purchase warrant, a “Warrant”) to purchase one common share of the Company at an exercise price of $0.26 for a period of 36 months following the Closing Date (as defined below). The Units will be offered for sale in each of the provinces of Canada, except the Province of Quebec, pursuant to a prospectus supplement to the Company’s base shelf prospectus dated October 5, 2020 (the “Shelf Prospectus”). VIVO intends to use the net proceeds of the Offering for general working capital and corporate purposes.