Post by
srtman03 on Oct 12, 2019 9:39am
We are Professional not Cowboys !! ......LOL
ABcann Global Completes $70 Million Bought Deal Financing and $4.8 Million Exercise of Underwriters Over-Allotment Option Email Print Friendly Share February 28, 2018 09:28 ET | Source: ABcann Global Corporation THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. NAPANEE, Ontario, Feb. 28, 2018 (GLOBE NEWSWIRE) -- ABcann Global Corporation (TSXV:ABCN) (ABcann or the Company) is pleased to announce that it has closed its bought deal financing, as previously announced on January 29, 2018, of: (i) 11,500,000 units (each, a Unit) of the Company at a price of $3.50 per Unit, for aggregate gross proceeds of $40,250,000 (the Unit Offering); and (ii) 30,000 6.0% unsecured convertible debentures (each, a Convertible Debenture) of the Company at a price of $1,000 per Convertible Debenture, for aggregate gross proceeds of $30,000,000 (the Debenture Offering and collectively with the Unit Offering, the Offering). The Offering was conducted by a syndicate of underwriters led by Canaccord Genuity Corp. and Eight Capital and including GMP Securities L.P. and PI Financial Corp. (collectively, the Underwriters). In addition, the Offering included 862,500 Warrants (defined below) and 4,500 Convertible Debentures sold pursuant to the exercise of the Underwriters over-allotment option, for additional aggregate gross proceeds of $4,793,250.
Comment by
MSGHEREGUY on Oct 14, 2019 2:45pm
This post has been removed in accordance with Community Policy
Comment by
1hot-techwoman on Oct 15, 2019 4:25pm
Sad !! They raise $75 Million at $3.50 and here we sit at $0.29? Vivo is latin for life ! Obvious this does not apply here :(
Comment by
buddy12 on Oct 15, 2019 4:32pm
FINALLY meeting reality are we?
Comment by
ggrellette on Oct 16, 2019 2:23pm
Regurgitating old news. Oh btw Cannacrap shorted the stock all the way down from that high. They sold out long ago and they will not be able to re-finance at those levels EVER AGAIN. By next year or next month u will see this stock under 20cents. Professional or cowboys it makes no difference, 20cents coming to a theatre near u.
Comment by
buddy13 on Oct 16, 2019 3:39pm
buddy12 - what did I say about trolling the boards?! Me and your other older brothers - buddy14, 15, and 16 are going to take you out to the woodshed and lay a beating into you. You just never learn...
Comment by
buddy12 on Oct 16, 2019 4:49pm
well I'm ssssshakin' in my boots
Comment by
buddy13 on Oct 16, 2019 6:30pm
Alright, since you persist in comparing the value of companies based on share price, buddy17 and 18 will join in the beating.
Comment by
buddy12 on Oct 16, 2019 9:07pm
Ohhhh I bet you three just LOVE to 'groupon' to many things together ;-)
Comment by
buddy12 on Oct 16, 2019 4:50pm
dropped more again didn't it....drops as fast as I'd likley drop you