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Copland Road Capital (CSE:CRCC) announces $600K private placement

Finance, The Market Online Deal Room
CSE:CRCC
25 January 2023 10:15 (EDT)
Currency market

Copland Road Capital (CRCC) has announced a non-brokered private placement for gross proceeds of up to $600,000.

The company will issue up to 2,400,000 common shares at $0.25 per common share.

The offering is expected to close on or about January 27, 2023. All securities issued will be subject to a statutory hold period of four months. 

Gross proceeds raised from the offering will be used for working capital and general corporate purposes.

Copland Road (formerly Nabis Holdings) is a Canadian investment firm that invests in assets across multiple industries. It primarily focuses on making investments in the United States and international cannabis sector, including real property.

The company’s geographical segments include the United States and Canada. It operates through the retail and wholesale market and aims to create tangible value for its shareholders.

Copland Road Capital Corporation (CRCC) opened trading at C$0.25 per share.


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