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.
安大略省多倫多-(Newsfile Corp.-2023年3月21日)-City View Green Holdings Inc.(CSE:CVGR)(OTCQB:CVGRF)(“城市景觀“或”公司),一家加拿大創新的注入大麻的食品製造公司,宣佈在2023年2月17日的新聞稿之後,它現在已經完成了第二批也是最後一批(第二批“)的非經紀私募(”供奉在第二批中,公司發行了3,166,667股普通股,總收益為47,500美元。沒有支付與第二批相關的發起人費用。連同2023年2月17日宣佈的第一批結束,公司在此次發行中總共籌集了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.
根據適用的證券法和加拿大證券交易所的政策,根據第二批發行的所有證券,持有期將於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.
羅布·菲亞,公司首席執行官兼董事首席執行官總裁內線“)參與了第二批,並以22,500美元購買了1,500,000股普通股。根據多邊文書61-101--在特別交易中保護少數群體擔保持有人(“MI 61-101”),內幕人士參與這項融資被視為“關聯方交易”。本公司根據MI 61-101第5.5(A)條及5.7(A)條的規定,獲豁免獲得與內幕人士參與發售有關的正式估值及小股東批准的要求,理由是內幕人士參與發售不超過本公司市值的公平市值的25%。由於當時尚未確認內幕人士的參與,本公司並未於第二批股份結算前至少21日提交重大變動報告。
For further information contact:
如需進一步資訊,請聯繫:
City View Green Holdings Inc.
Rob Fia, CEO & President
Email: rob@cityviewgreen.ca
城市景觀綠色控股公司。
羅布·菲亞,首席執行官兼總裁
電子郵件:rob@ciyviewgreen.ca
Neither the Canadian Securities Exchange nor its regulations services accept responsibility
加拿大證券交易所及其監管服務機構均不承擔責任
for the adequacy or accuracy of this release.
此版本的充分性或準確性。
About City View Green Holdings
關於城市景觀綠地控股
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是一家領先的消費品包裝公司,專注於開發注入大麻的可食性食品。收到它的收據後《大麻法案》2021年4月30日的加工許可證。此外,City View擁有Budd Hutt Inc.(“Budd Hutt”)27.5%的股份,這是一家專注於零售的大麻公司,可以獲得艾伯塔省的大麻種植和生產許可證,以及加拿大各地的其他零售機會。通過與Budd Hutt的關係,該公司預計將確保我們的白標合作夥伴產品的貨架空間、產品放置和分銷機會。有關更多資訊,請訪問:。
Disclaimer for Forward-Looking Information
對前瞻性資訊的免責聲明
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.
本新聞稿包含不包含歷史事實的前瞻性陳述。就其性質而言,前瞻性表述涉及已知和未知的風險、不確定因素和其他因素,這些風險、不確定性和其他因素可能會導致我們的實際結果、業績或成就或其他未來事件與此類前瞻性表述明示或暗示的任何未來結果、業績或成就大不相同。前瞻性陳述包括描述公司未來計劃、目標或目標的估計和陳述,包括公司或管理層預期將出現的情況或結果的表述。前瞻性陳述可以用“相信”、“預期”、“預期”、“估計”、“可能”、“將”或“計劃”等術語來識別。由於前瞻性陳述以假設為基礎,涉及未來的事件和情況,因此它們本身就具有內在的風險和不確定性。雖然這些陳述是基於公司目前掌握的資訊,但公司不能保證實際結果將符合管理層的期望。有許多重要因素可能導致該公司的實際結果與前瞻性陳述和資訊所表明或暗示的結果大不相同。在依賴公司的前瞻性陳述和資訊做出決策時,投資者和其他人應仔細考慮前述因素以及其他不確定因素和潛在事件。可能導致實際結果與公司預期大不相同的重要因素包括但不限於未來所需融資的可用性和成本、股票市場的變化、專案開發的延遲,以及預測或抵消新冠肺炎冠狀病毒對與公司業務相關的因素的潛在影響的能力。儘管該公司試圖確定可能導致實際結果大不相同的重要因素,但可能還有其他因素導致結果與預期、估計或預期的不同。不能保證這些陳述將被證明是準確的,因為實際結果和未來事件可能與這些陳述中預期的大不相同。因此,讀者不應過分依賴前瞻性陳述。
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.
本新聞稿中包含的前瞻性資訊代表了公司截至本新聞稿發佈之日的預期,因此,在該日期之後可能會發生變化。讀者不應過分重視前瞻性資訊,也不應依賴截至任何其他日期的這些資訊。雖然公司可以選擇這樣做,但IT不承諾在任何特定時間更新此資訊,除非根據適用法律的要求。
Not for US Distribution
不適用於美國分銷
To view the source version of this press release, please visit
要查看本新聞稿的源版本,請訪問