- CENTR Brands Corp. has completed a non-brokered private placement for gross proceeds of $4,554,643.60
- The corporation issued 7,007,144 units at a price of $0.65 per unit
- The net proceeds will be used for the continued expansion of the recently launched online channel, new product innovation, and general working capital
- CENTR Brands is a beverage company that develops and markets non-alcoholic beverages for the global market
- CENTR Brands Corp. (CNTR) opened trading at C$0.67 per share
CENTR Brands Corp. (CNTR) has completed a non-brokered private placement for gross proceeds of $4,554,643.60.
The corporation issued 7,007,144 units at a price of $0.65 per unit. Each unit is comprised of one common share and one common share purchase warrant. Each warrant is exercisable to acquire one additional share at an exercise price of $1.50 for a period of three years.
The net proceeds will be used for growth-oriented production, continued expansion of the recently launched online channel, new product innovation, and general working capital.
CENTR Brands is a beverage company that develops and markets non-alcoholic beverages for the global market. CENTR’s CBD drinks are sold in 19 states by 11 distributors.
CENTR Brands Corp. (CNTR) opened trading at C$0.67 per share.