Chalice Brands Ltd CHALF

News

[Gladiator3]

Golden Leaf Announces Non-Brokered Private Placement of Up To C$3,000,000

 

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES

PORTLAND, Ore., Dec. 21, 2020 (GLOBE NEWSWIRE) -- Golden Leaf Holdings Ltd. (CSE: GLH) (“GLH” or the “Company”) announced today a proposed non-brokered private placement (the “Financing”) of up to 100,000,000 units ("Units") priced at C$0.03 per Unit for aggregate gross proceeds of up to C$3,000,000. Each Unit will be comprised of one common share of the Company (a “Common Share”) and one full common share purchase warrant (each whole warrant, a “Warrant”). Each whole Warrant will entitle the holder to purchase one Common Share (a “Warrant Share”) at an exercise price of C$0.06 for a period of 24 months from the date of issuance thereof. The proceeds of the Offering will be used by the Company for general corporate purposes and for retail store acquisitions. The Financing is expected to close within 2 weeks.

 

[Heywood_Silvers]

OK, I guess the share rollback will occur once we finally breach 1 billion shares?  We gotta be getting close by now.....

[Gladiator3]

As of right now we are sitting on 883 million shares outstanding. When the closing happens of the private placement in a couple of weeks the outstanding share count will be 983 million shares outstanding.    When debratuers approve the interest payment in shares the final outstanding share count will be surpassed the 1 billion outstanding share mark. 

[SlyestFox]

you finally realizing youre having your investment stolen from you ???? It really is december 21st

[SlyestFox]

Ok cannacord

[Puffdragon6969]

i think it will probably happen in April right after these shares become unlocked and the year end numbers are released. I'm thinking 100-1. Time will tell    

[SlyestFox]

reverse split will be the death of the retail shareholders. And people like puff welcome it. Sad. Clearly you know which side puff and friends are on and have been on for years.

[Gladiator3]

Mr. Jeff Yapp did mention on a conference call a while back when asked about the outstanding share count his response was a reverse split is not an option that they leaning more towards a share buy program that would be implemented when they see it appropriate to do so. 

[SlyestFox]

This post has been removed in accordance with Community Policy

[Gladiator3]

This post has been removed in accordance with Community Policy

[Gladiator3]

This post has been removed in accordance with Community Policy

[SlyestFox]

This post has been removed in accordance with Community Policy

[Gladiator3]

This post has been removed in accordance with Community Policy

[SlyestFox]

This post has been removed in accordance with Community Policy

[Puffdragon6969]

easy call for the split. I guess 100-1 was too much for them. 

[WSBfanatic]

after that short interest will grow drastically and stock will fall another 50 percent.

[Puffdragon6969]

you're such a negative loser. Obsessed with this stock for 6 years. Sad. Get a life.   

[WSBfanatic]

talk to me when this stock becomes worth 1/5th of what it was originally valued at before they ever owned chalice, and had licenses in multiple states. Question is who did the original audit when glh had nothing and was valued so high....they themselves should be looked into.

[Tucson]

What are you doing on GLH blog if your not an incestors get a life and leave. thanks in advance to disapear

[WSBfanatic]

i still.have some shares since i got stuck like everyone did when management was feeding everyone bs.