QualityStocksNewsBreaks – Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) to Conduct Non-Brokered Private Placement for Up to $1.5M Gross Proceeds
Pac Roots Cannabis (CSE: PACR) (OTCQB: PACRF), a company dedicated to producing premium-quality strains and products by leveraging a genetics-focused approach, has announced a non-brokered private placement of up to 8,333,333 units. According to the announcement, each unit, which will consist of one common share in the capital of the company and one common share purchase warrant, will be offered at C$0.18 per unit, for gross proceeds of up to $1,500,000. The common share purchase warrants permit the warrant holder to obtain an additional common share at a price of $0.30; that offer will be valid for three years from the closing…