QualityStocksNewsBreaks – Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Closes $1.8M Private Placement
Wildflower Brands (CSE: SUN) (OTCQB: WLDFF) on Wednesday announced that it has closed its previously announced private placement for aggregate gross proceeds of up to $1,882,000 at a price of C$0.54 per unit. According to the update, each unit consists of one issuer common share and one half of one share purchase warrant. Holders of each whole warrant will be entitled to acquire one Wildflower common share at a price of $0.85 for a period of 24 months. Once resale restrictions have expired and upon the company's shares trading at or above a weighted average price of $1.50 for 20…