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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (40193)2/6/2018 3:23:59 PM
From: Goose94Read Replies (1) of 202691
 
Choom Holdings (CHOO-Cse) ™ Closes Over-Subscribed C$2.7 Million Financing

Feb 6, '18 - NR

Choom Holdings is pleased to announce it has closed its previously announced non-brokered private placement for gross proceeds of C$2.7 Million through the issuance of 5,400,000 units ("Units"). The original offering was for anticipated gross proceeds of C$2.5 Million (News Release January 25, 2018). All securities issued are subject to a hold period expiring four months and one day from the date of issuance.

The Company intends to use the net proceeds from the private placement to advance the Company's development strategy and for general G & A purposes.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold.

SAY HELLO TO CHOOM™

Choom™ was created for and inspired by the Choom Gang; a group of buddies in Honolulu during the 1970's who loved to smoke weed—or as the locals called it, "Choom". Now, after four decades, Choom™ is bringing the spirit of Hawaii to the Okanagan and Canada. We're planting our flag in the rapidly growing legal cannabis industry in Canada with our own brand of high-grade handcrafted herb.

"Chris Bogart"
President & CEO
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