City View Green Announces Second and Final Tranche Closing of Its Non-Brokered Private Placement
City View Green Announces Second and Final Tranche Closing of Its Non-Brokered Private Placement
Toronto, Ontario--(Newsfile Corp. - March 21, 2023) - City View Green Holdings Inc. (CSE: CVGR) (OTCQB: CVGRF) ("City View" or the "Company"), an innovative Canadian-based cannabis-infused edibles manufacturing company, announces that further to its February 17, 2023, news release, it has now completed the second and final tranche (the "Second Tranche") of its non-brokered private placement (the "Offering"). Under the Second Tranche, the Company has issued 3,166,667 common shares for gross proceeds of $47,500. No finder's fees were paid in connection with the Second Tranche. Together with the first tranche closing announced February 17, 2023, the Company has raised a total of $372,500 in the Offering.
安大略省多伦多-(Newsfile Corp.-2023年3月21日)-City View Green Holdings Inc.(CSE:CVGR)(OTCQB:CVGRF)(“城市景观“或”公司),一家加拿大创新的注入大麻的食品制造公司,宣布在2023年2月17日的新闻稿之后,它现在已经完成了第二批也是最后一批(第二批“)的非经纪私募(”供奉在第二批中,公司发行了3,166,667股普通股,总收益为47,500美元。没有支付与第二批相关的发起人费用。连同2023年2月17日宣布的第一批结束,公司在此次发行中总共筹集了372,500美元。
All securities issued under the Second Tranche are subject to a hold period expiring July 21, 2023, in accordance with applicable securities laws and the policies of the Canadian Securities Exchange.
根据适用的证券法和加拿大证券交易所的政策,根据第二批发行的所有证券,持有期将于2023年7月21日到期。
Rob Fia, the Company's President, CEO and director (the "Insider") participated in the Second Tranche and purchased 1,500,000 common shares for $22,500. Participation by the Insider in this financing is considered a "related party transaction" pursuant to Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Company is exempt from the requirements to obtain a formal valuation and minority shareholder approval in connection with the Insider's participation in the Offering in reliance of sections 5.5(a) and 5.7(a) of MI 61-101, respectively, on the basis that participation in the Offering by the Insider did not exceed 25% of the fair market value of the Company's market capitalization The Company did not file a material change report at least 21 days prior to the closing of the Second Tranche as participation of the Insider had not been confirmed at that time.
罗布·菲亚,公司首席执行官兼董事首席执行官总裁内线“)参与了第二批,并以22,500美元购买了1,500,000股普通股。根据多边文书61-101--在特别交易中保护少数群体担保持有人(“MI 61-101”),内幕人士参与这项融资被视为“关联方交易”。本公司根据MI 61-101第5.5(A)条及5.7(A)条的规定,获豁免获得与内幕人士参与发售有关的正式估值及小股东批准的要求,理由是内幕人士参与发售不超过本公司市值的公平市值的25%。由于当时尚未确认内幕人士的参与,本公司并未于第二批股份结算前至少21日提交重大变动报告。
For further information contact:
如需进一步信息,请联系:
City View Green Holdings Inc.
Rob Fia, CEO & President
Email: rob@cityviewgreen.ca
城市景观绿色控股公司。
罗布·菲亚,首席执行官兼总裁
电子邮件:rob@ciyviewgreen.ca
Neither the Canadian Securities Exchange nor its regulations services accept responsibility
加拿大证券交易所及其监管服务机构均不承担责任
for the adequacy or accuracy of this release.
此版本的充分性或准确性。
About City View Green Holdings
关于城市景观绿地控股
City View is a leading consumer packaged goods company focused on the development of cannabis-infused edibles. With the receipt of its Cannabis Act processing license on April 30, 2021. In addition, City View owns a 27.5% stake in Budd Hutt Inc. ("Budd Hutt"), a retail-focused cannabis company with access to cannabis cultivation and production licenses in Alberta and other retail opportunities across Canada. Through its relationship with Budd Hutt, the Company anticipates securing shelf space, product placement, and distribution opportunities for our white label partner products. For more information visit: .
City View是一家领先的消费品包装公司,专注于开发注入大麻的可食性食品。收到它的收据后《大麻法案》2021年4月30日的加工许可证。此外,City View拥有Budd Hutt Inc.(“Budd Hutt”)27.5%的股份,这是一家专注于零售的大麻公司,可以获得艾伯塔省的大麻种植和生产许可证,以及加拿大各地的其他零售机会。通过与Budd Hutt的关系,该公司预计将确保我们的白标合作伙伴产品的货架空间、产品放置和分销机会。有关更多信息,请访问:。
Disclaimer for Forward-Looking Information
对前瞻性信息的免责声明
This press release contains forward-looking statements which are not composed of historical facts. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements include estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as "believes", "anticipates", "expects", "estimates", "may", "could", "would", "will", or "plan". Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management's expectations. There are a number of important factors that could cause the Company's actual results to differ materially from those indicated or implied by forward-looking statements and information. When relying on the Company's forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Important factors that could cause actual results to differ materially from the Company's expectations include, among others, availability and costs of financing needed in the future, changes in equity markets, delays in the development of projects, and ability to predict or counteract potential impact of COVID-19 coronavirus on factors relevant to the Company's business. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.
本新闻稿包含不包含历史事实的前瞻性陈述。就其性质而言,前瞻性表述涉及已知和未知的风险、不确定因素和其他因素,这些风险、不确定性和其他因素可能会导致我们的实际结果、业绩或成就或其他未来事件与此类前瞻性表述明示或暗示的任何未来结果、业绩或成就大不相同。前瞻性陈述包括描述公司未来计划、目标或目标的估计和陈述,包括公司或管理层预期将出现的情况或结果的表述。前瞻性陈述可以用“相信”、“预期”、“预期”、“估计”、“可能”、“将”或“计划”等术语来识别。由于前瞻性陈述以假设为基础,涉及未来的事件和情况,因此它们本身就具有内在的风险和不确定性。虽然这些陈述是基于公司目前掌握的信息,但公司不能保证实际结果将符合管理层的期望。有许多重要因素可能导致该公司的实际结果与前瞻性陈述和信息所表明或暗示的结果大不相同。在依赖公司的前瞻性陈述和信息做出决策时,投资者和其他人应仔细考虑前述因素以及其他不确定因素和潜在事件。可能导致实际结果与公司预期大不相同的重要因素包括但不限于未来所需融资的可用性和成本、股票市场的变化、项目开发的延迟,以及预测或抵消新冠肺炎冠状病毒对与公司业务相关的因素的潜在影响的能力。尽管该公司试图确定可能导致实际结果大不相同的重要因素,但可能还有其他因素导致结果与预期、估计或预期的不同。不能保证这些陈述将被证明是准确的,因为实际结果和未来事件可能与这些陈述中预期的大不相同。因此,读者不应过分依赖前瞻性陈述。
THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS PRESS RELEASE REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF THE DATE OF THIS PRESS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE THE COMPANY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS.
本新闻稿中包含的前瞻性信息代表了公司截至本新闻稿发布之日的预期,因此,在该日期之后可能会发生变化。读者不应过分重视前瞻性信息,也不应依赖截至任何其他日期的这些信息。虽然公司可以选择这样做,但IT不承诺在任何特定时间更新此信息,除非根据适用法律的要求。
Not for US Distribution
不适用于美国分销
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要查看本新闻稿的源版本,请访问