Planet 13 Holdings Inc. announced C$20 Million Bought Deal Public Offering. Planet 13 Holdings Inc. entered into an agreement with a syndicate of underwriters (the “Underwriters”) co-led by Canaccord Genuity and Beacon Securities Limited and pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 4,700,000 units in the capital of the Company at a price of C$4.30 per Unit for aggregate gross proceeds to the Company of C$20,210,000. Each Unit shall consist of one common share in the capital of the Company and one-half (1/2) of one common share purchase warrant of the Company.

Published Ncv Newswire, New Cannabis Ventures, 10/19/2020 17:43:30

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