Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (103290)	3/4/2021 11:10:41 AM
From: Goose94	Read Replies (1) \| Respond to of 203017

Golden Leaf Holdings (GLH-Cse) Partial Close Of Non-brokered PP Mar 4th 2021 - NR Golden Leaf Holdings Ltd. has closed of $9.8-million of its non-brokered private placement of units previously announced on Feb. 17, 2021, for gross proceeds of up to approximately $11-million. Each Unit is comprised of one common share of the Company (a "Common Share") and one Common Share purchase warrant (a "Warrant"). Each Warrant is exercisable to acquire one Common Share (a "Warrant Share") at an exercise price of C$0.10 per Warrant Share for a period of 24 months from the applicable closing. The Units will have a hold period of four months and one day from the date of issuance. The Company will pay to certain eligible finders in respect of subscriptions for Units referred by such finder a cash finder's fee and/or issue finder's warrants (the "Finder's Warrants"), as agreed with the finder. Each Finder's Warrant will entitle the holder to purchase one Common Share at an exercise price equal to C$0.10 per Common Share at any time up to 24 months following closing. The Company plans to keep this offering open until no later than March 31, 2021. "We are moving swiftly on due diligence related to the Letter of Intent announced on February 26, 2021. Should we achieve our goal of reaching a definitive agreement with the sellers, this first close provides the Company with sufficient funds to allow it to fund the transaction," commented John Varghese, Executive Chairman of GLH. About Golden Leaf Holdings Golden Leaf Holdings is a premier consumer-driven cannabis company specializing in production, processing, wholesale, distribution and retail, with seven dispensaries in Portland, Oregon. The company is committed to developing a dynamic portfolio built around the recognized brands of Chalice Farms, with a focus on health and wellness. Markets served include Oregon, California, Nevada, and Washington. Investor Relations: John Varghese Executive Chairman Golden Leaf Holdings Ltd. 971-371-2685 ir@goldenleafholdings.com