PriceSensitive

City View Green (CSE:CVGR) closes second and final tranche of non-brokered private placement

Cannabis, Market News
CSE:CVGR
21 March 2023 09:53 (EDT)
City View Green

City View (CVGR) has completed the second and final tranche of its non-brokered private placement for gross proceeds of $47,500.

Under the second tranche, the company issued 3,166,667 common shares. Together with the first tranche closing, the company has raised a total of $372,500 in the offering.

No finder’s fees were paid in connection to this offering. All securities issued under the second tranche are subject to a statutory hold period expiring July 21, 2023.

Rob Fia, President, CEO and Director of the company (insider) also participated in the second tranche for $22,500.

About City View Green Holdings

City View is a consumer packaged goods company focusing on the development of cannabis-infused edibles. City View owns a 27.5 per cent stake in Budd Hutt Inc., a retail-focused cannabis company. It has access to cannabis cultivation and production licenses in Alberta and other retail opportunities across Canada.

City View Green Holdings Inc. (CVGR) opened trading at C$0.01 per share.

Related News