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Nabis Holdings (CSE:NAB) closes private placement

Cannabis
CSE:NAB
30 December 2021 08:45 (EDT)

Source: WeedStreet420

Nabis Holdings (NAB) has closed the second and final tranche of a non-brokered private placement for gross proceeds of $155,000.

The company issued 775,000 common shares at a price of $0.20 per share.

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

The closing of the offering is subject to the receipt of all necessary regulatory approvals, including the approval of the Canadian Securities Exchange.

Nabis Holdings is a Canadian investment issuer that invests in assets across multiple industries, including real property and the U.S. and international cannabis sector.

Nabis Holdings Inc. (NAB) opened trading at C$0.27 per share.

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