$17.5 raised at $0.37...must sell at $0.31....LOL !! SMH :) Auxly Announces Upsized Bought-Deal Public Offering to $17.5 Million
Thursday, January 21, 2021, 9:48 AM ET
Auxly Announces Upsized Bought-Deal Public Offering to $17.5 Million
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TORONTO, Jan. 21, 2021 (GLOBE NEWSWIRE) -- Auxly Cannabis Group Inc. ("Auxly" or the "Company") (TSXV: XLY) (OTCQX: CBWTF) is pleased to announce that it has entered into a revised agreement with ATB Capital Markets Inc. and Cantor Fitzgerald Canada Corporation, as co-lead underwriters and joint bookrunners, together with a syndicate of underwriters (collectively, the "Underwriter"), to increase the size of the previously announced bought-deal short-form prospectus offering of units of the Company (the "Units") to 47,300,000 Units at a price of $0.37 per Unit for aggregate gross proceeds of $17,501,000 (the "Offering")