- The BC Bud Corporation (BCBC) has closed a non-brokered private placement raising gross proceeds of $340,000
- The company issued 6,800,000 units at $0.05 per unit
- The company plans to use the proceeds of the placement for business development and general working capital purposes
- The BC Bud Co is a British Columbia-based cannabis company
- The BC Bud Corporation opened trading at $0.075
The BC Bud Corporation (BCBC) has closed a non-brokered private placement for gross proceeds of $340,000.
The company issued 6,800,000 units at a price of $0.05 per unit. Each unit consisted of one common share and one share purchase warrant. Each warrant entitles the holder to acquire an additional common share at a price of $0.15 per share until February 2, 2025.
All securities issuable in the placement are subject to a statutory four-month hold period expiring on June 3, 2023.
No finders fees were payable in connection with the placement.
The company plans to use the proceeds for business development and general working capital purposes.
The BC Bud Corporation is a British Columbia-based cannabis company.
The BC Bud Corporation opened trading at $0.075.
