- Choom Holdings (CHOO) has announced a non-brokered private placement for gross proceeds of $500,000
- The company will issue 10,000,000 units priced at $0.05 per unit
- Net proceeds will be used for general working capital and corporate purposes
- Choom Holdings is an adult-use cannabis company with an established network of stores across Canada
- Choom Holdings Inc. (CHOO) opened trading at C$0.035 per share
Choom Holdings (CHOO) has announced a non-brokered private placement for gross proceeds of $500,000.
The company will issue 10,000,000 units priced at $0.05 per unit. Each unit consists of one common share and one transferable warrant exercisable at a price of $0.05 per share for a period of 24 months.
The private placement is subject to the approval of the CSE. Shares issued during the placement will be subject to a four-month hold period.
Net proceeds will be used for general working capital and corporate purposes.
Choom Holdings is an adult-use cannabis company with an established network of stores across Canada.
Choom Holdings Inc. (CHOO) opened trading at C$0.035 per share.