Financing


Christina Lake Closes Non-Brokered Private Placement of Unsecured Convertible Debentures

October 18th, 2022 - Ryan Allway

VANCOUVER, British Columbia, Oct. 18, 2022 (GLOBE NEWSWIRE) — Christina Lake Cannabis Corp. (the “Company” or “CLC” or “Christina Lake Cannabis”) (CSE: CLC) (OTCQB: CLCFF) (FRANKFURT: CLB) is pleased to announce that it has closed the second tranche of a non-brokered private placement of unsecured convertible debentures (the “Debenture”) in the principal amount of CDN$150,000 (the “Offering”). […]

Bright Green Announces Closing of $10.0 Million Private Placement

September 12th, 2022 - Ryan Allway

GRANTS, N.M., Sept. 12, 2022 (GLOBE NEWSWIRE) — Bright Green Corporation (NASDAQ: BGXX) (“Bright Green” or “the Company”), one of the very few companies selected by the U.S. government to grow, manufacture, and sell, legally under federal and state laws, cannabis and cannabis-related products for research, pharmaceutical applications and affiliated export, today announced the closing […]

BetterLife Secures Additional Mitacs Funding in Collaboration with Carleton University Research Team for BETR-001 Preclinical Depression Studies

July 6th, 2022 - Ryan Allway

VANCOUVER, British Columbia, July 06, 2022 (GLOBE NEWSWIRE) — BetterLife Pharma Inc. (“BetterLife” or the “Company”) (CSE: BETR / OTCQB: BETRF / FRA: NPAU), an emerging biotech company focused on the development and commercialization of cutting-edge treatments for mental disorders, is pleased to announce that a joint application to the Mitacs Accelerate program, in collaboration with Dr. Argel Aguilar-Valles at Carleton […]

Nova Cannabis Inc. Announces Filing of Preliminary Short Form Base Shelf Prospectus and Increase of Credit Facility with Sundial Growers Inc. to $15 Million

June 16th, 2022 - Ryan Allway

EDMONTON, AB, June 16, 2022 /CNW/ – Nova Cannabis Inc. (the “Company” or “Nova“) (TSX: NOVC) today announced it has filed a preliminary short-form base shelf prospectus with the securities commissions in each of the provinces and territories of Canada (the “base shelf prospectus“).     Nova Cannabis Inc. logo (CNW Group/Nova Cannabis Inc.) The base shelf prospectus will, […]

Cannara Biotech Inc. Closes $50 Million Credit Facility Led by BMO Commercial Banking

June 1st, 2022 - Ryan Allway

MONTREAL, June 1, 2022 /CNW Telbec/ – Cannara Biotech Inc. (“Cannara” or the “Company“) (TSXV: LOVE) (OTCQB: LOVFF) (FRA: 8CB), a vertically integrated producer of premium-grade cannabis and derivative products with two mega facilities based in Quebec spanning over 1,650,000 sq. ft., announced today that it has closed on a $50M credit facility led by BMO Commercial Banking.  The credit facility, effective May 31, 2022, includes a […]

FinCanna Capital Closes Oversubscribed Private Placement for $2.9 million

April 29th, 2022 - Ryan Allway

VANCOUVER, BC / ACCESSWIRE / April 29, 2022 / FinCanna Capital Corp. (“FinCanna“) (the “Company”)(CSE:CALI) (OTCQB:FNNZF) an investment company focused on the U.S. licensed cannabis industry, reports that it has successfully closed its previously announced non-brokered private placement. Following higher than anticipated demand the Company increased the size of its initially announced offering of $2.0 million to raise […]

High Tide Executes Letter of Intent for $30 Million Non-Dilutive Credit Facilities with ConnectFirst Credit Union

April 18th, 2022 - Ryan Allway

This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated December 3, 2021 to its short form base shelf prospectus dated April 22, 2021.   CALGARY, AB, April 18, 2022 /CNW/ – High Tide Inc. (“High Tide” or the “Company“) (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), a leading retail-focused cannabis company with bricks-and-mortar as […]

Craftport Cannabis Announces Extension of Maturity Date and Security Granted over Outstanding Loans for $1.99 Million

April 14th, 2022 - Ryan Allway

Peachland, British Columbia–(Newsfile Corp. – April 14, 2022) – Craftport Cannabis Corp. (CSE: CFT) (“Craftport Cannabis” or the “Company“) announces that it has entered into a loan agreement (the “Loan Agreement“) with an arms’-length company (the “Lender“) for the purpose of documenting numerous advances, for an aggregate principal amount of $1,990,000 (the “Loan“), previously received […]

Aleafia Health Provides Further Update on its Convertible Debt

March 29th, 2022 - Ryan Allway

Holders representing approximately 62% of total Debentures extend Forbearance Period until April 11, 2022 to allow negotiations to continue TORONTO, March 29, 2022 (GLOBE NEWSWIRE) — Aleafia Health Inc. (TSX: AH, AH.DB, OTCQX: ALEAF) (“Aleafia Health” or the “Company”) is providing a corporate update regarding its outstanding listed unsecured convertible debentures (TSX: AH.DB), issued on […]

Tryp Therapeutics Announces $2,000,000 Financing and Changes in Management, Board of Directors

February 4th, 2022 - Ryan Allway

SAN DIEGO – February 4, 2022 – Tryp Therapeutics (CSE: TRYP) (OTCQB: TRYPF) (“Tryp” or the “Company“), a pharmaceutical company focused on developing psilocybin-based compounds for diseases with unmet medical needs, is pleased to announce a non-brokered private placement (the “Placement“) to its co-Founder and Executive Director, William J. Garner, M.D. The Placement consists of […]

Entourage Health and LiUNA Pension Fund Upsize Credit Facility with Additional $20 Million in Non-Dilutive Financing

December 24th, 2021 - Ryan Allway

Toronto, Canada, December 24, 2021 – Entourage Health Corp. (formerly WeedMD Inc.) (TSX-V:ENTG) (OTCQX:ETRGF) (FSE:4WE) (“Entourage” or the “Company”), a Canadian producer and distributor of award-winning cannabis products and brands, announced today it has amended its existing credit facility (“Credit Facility”) with an affiliate of the LiUNA Pension Fund of Central and Eastern Canada (“LPF”) […]

Delic Closes C$7.0 Million Private Placement With U.S. Institutional Investor to Fuel Growth of Largest National Presence

September 29th, 2021 - Ryan Allway

VANCOUVER, BC, Sept. 29, 2021 /PRNewswire/ – Delic Holdings Corp. (“Delic” or the “Company“) (CSE: DELC) (OTCQB: DELCF) (FRA: 6X0) is pleased to announce that it has closed its previously announced sale to a single institutional investor for gross proceeds of approximately C$7.0 million in a private placement in the United States (the “Private Placement“).     Logo (CNW Group/Delic Holdings Inc.) Pursuant […]


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