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Bullboard - Stock Discussion Forum Auxly Cannabis Group Inc T.XLY

Alternate Symbol(s):  CBWTF

Auxly Cannabis Group Inc. is a Canada-based consumer packaged goods company in the cannabis products market. The Company is focused on developing, manufacturing and distributing branded cannabis products. Its brands include Parcel, Back Forty, Foray, Dosecann and Kolab Project. It provides various products, including vaporizers, edibles, dried flowers, pre-rolls, capsules and oils and... see more

TSX:XLY - Post Discussion

Auxly Cannabis Group Inc > Auxly Cannabis Announces $30.0 Million ATM Financing
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Post by AwareInvestor on Mar 23, 2021 8:19am

Auxly Cannabis Announces $30.0 Million ATM Financing

Auxly Cannabis is the latest firm to announce an at-the-market financing. The company this morning revealed that it will be conducting an ATM financing to the tune of $30.0 million.
Comment by truthseeker1 on Mar 23, 2021 10:26am
Yet another nail in the coffen   
Comment by UniqueKitty on Mar 23, 2021 10:38am
Hallelujah!!  Solid financial back up if required and No More Warrants! cheers
Comment by Pencilpush on Mar 23, 2021 11:55am
I'm upset they just stated they had cash for 12 months now pulling this. They need to open their damn mouths now and start giving us guidance what they planing and start bending g over the faithful 
Comment by UniqueKitty on Mar 23, 2021 12:52pm
Relax, Pencilpush.   ATM, is actually good news!   Auxly, is still FULLY FUNDED 2021 as far as planned Cap/Ex, operations, and interest payments are concerned.   This just tells us what form any future financing over the next two years take if a need arises.   ATM Financing is less dilutive. It doesn’t require issuing warrants or other ...more  
Comment by Pencilpush on Mar 23, 2021 1:04pm
I hope your right. Still like to see some news being released in the near term it's been a while 
Comment by buddyt on Mar 23, 2021 6:36pm
this probably washed out almost everyone left....
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