(Image via HEXO Corp.)
HEXO Corp. (TSX: HEXO) announced on Thursday that it had completed its at-the-market equity program and sold more than 33.9 million common shares of the Company and were sold for total gross proceeds of more than $34.5 million (CAD), after applying applicable US exchange rates.
The proceeds of which are expected to go toward general corporate purposes, such as working capital, capital expenditures, and debt repayments.
For full details on the news around this financing, click
here.
The comes on the heels of the launch of the consumer-packaged goods cannabis Company’s line of
vape products across Canada, earlier this summer.
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