Auxly Announces Closing of $20 Million Bought-Deal Public Offering, Including Full Exercise of the Over-Allotment Option
2021年2月9日 - 12:29AM
Auxly Cannabis Group Inc. (“
Auxly” or the
“
Company”) (TSXV: XLY) (OTCQX: CBWTF) is pleased
to announce the closing of its bought deal short form prospectus
offering pursuant to which the Company issued 54,395,000 units of
the Company (the "
Units") at a price of $0.37 per
Unit for gross proceeds to the Company of $20,126,150 (the
"
Offering"), including the full exercise of the
over-allotment option.
The Offering was co-led by ATB Capital Markets
Inc. and Cantor Fitzgerald Canada Corporation as co-lead
underwriters and joint bookrunners.
Each Unit is comprised of one common share of
the Company (each a "Common Share") and one-half
of one Common Share purchase warrant of the Company (each whole
warrant, a "Warrant"). Each Warrant shall entitle
the holder thereof to purchase one Common Share at an exercise
price of $0.46 at any time up to 36 months from closing of the
Offering.
The net proceeds from the Offering will be used
for working capital and other purposes as described in the
prospectus of the Company dated February 1, 2021 prepared in
connection with the Offering.
No securities regulatory authority has either
approved or disapproved of the contents of this news release. This
news release shall not constitute an offer to sell or the
solicitation of an offer to buy nor shall there be any sale of the
securities in any jurisdiction in which such offer, solicitation or
sale would be unlawful prior to registration or qualification under
the securities laws of any such jurisdiction. This news release is
not an offer to sell or the solicitation of an offer to buy the
securities in the United States or in any jurisdiction in which
such offer, solicitation or sale would be unlawful prior to
qualification or registration under the securities laws of such
jurisdiction. The securities being offered have not been, nor will
they be, registered under the United States Securities Act of 1933,
as amended, and such securities may not be offered or sold within
the United States or to, or for the account or benefit of, U.S.
persons absent registration or an applicable exemption from U.S.
registration requirements and applicable U.S. state securities
laws.
ON BEHALF OF THE BOARD
"Hugo Alves" CEO
About Auxly Cannabis Group Inc. (TSX.V:
XLY)
Auxly is an international cannabis company
dedicated to bringing innovative, effective, and high-quality
cannabis products to the medical, wellness and adult-use markets.
Auxly's experienced team of industry first-movers and enterprising
visionaries have secured a diversified supply of raw cannabis,
strong clinical, scientific and operating capabilities and leading
research and development infrastructure in order to create trusted
products and brands in an expanding global market.
Learn more at www.auxly.com and stay
up to date at Twitter: @AuxlyGroup; Instagram:
@auxlygroup; Facebook: @auxlygroup; LinkedIn:
company/auxlygroup/.
Investor Relations:For investor
enquiries please contact our Investor Relations
Team:Email: IR@auxly.comPhone: 1.833.695.2414
Media Enquiries
(only): For media enquiries or to set up an interview
please contact:Email: press@auxly.com
Notice Regarding Forward Looking
Information:
This news release contains certain
"forward-looking information" within the meaning of applicable
Canadian securities law. Forward-looking information is frequently
characterized by words such as "plan", "continue", "expect",
"project", "intend", "believe", "anticipate", "estimate", "may",
"will", "potential", "proposed" and other similar words, or
information that certain events or conditions "may" or "will"
occur. This information is only a prediction. Various assumptions
were used in drawing the conclusions or making the projections
contained in the forward-looking information throughout this news
release. In particular, this news release contains forward-looking
statements pertaining to expected use of proceeds for the
Offering.
A number of factors could cause actual results
to differ materially from a conclusion, forecast or projection
contained in the forward-looking information included in this
release including, but not limited to: general economic, financial
market, legislative, regulatory, competitive and political
conditions in which Auxly operates will remain the same. Additional
risk factors are disclosed in the annual information form of Auxly
for the financial year ended December 31, 2019 dated May 13,
2020.
New factors emerge from time to time, and it is
not possible for management to predict all of those factors or to
assess in advance the impact of each such factor on Auxly’s
business or the extent to which any factor, or combination of
factors, may cause actual results to differ materially from those
contained in any forward-looking information. The forward-looking
information in this news release is based on information currently
available and what management believes are reasonable assumptions.
The purpose of forward-looking information is to provide the reader
with a description of management's expectations, and such
forward-looking information may not be appropriate for any other
purpose. Readers should not place undue reliance on forward-looking
information contained in this news release.
The forward-looking information contained in
this release is expressly qualified by the foregoing cautionary
statements and is made as of the date of this release. Except as
may be required by applicable securities laws, the Company does not
undertake any obligation to publicly update or revise any
forward-looking information to reflect events or circumstances
after the date of this release or to reflect the occurrence of
unanticipated events, whether as a result of new information,
future events or results, or otherwise.
Neither TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
Auxly Cannabis (TSXV:XLY)
過去 株価チャート
から 10 2024 まで 11 2024
Auxly Cannabis (TSXV:XLY)
過去 株価チャート
から 11 2023 まで 11 2024