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| Home : Shogun Capital Corp. and International Cannabis Corp Announce Closing of Previously Announced Cdn.$13,000,000 Brokered Private Placement |
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Sep 09
2016 |
Shogun Capital Corp. and International Cannabis Corp Announce Closing of Previously Announced Cdn.$13,000,000 Brokered Private Placement |
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VANCOUVER, BRITISH COLUMBIA and MONTEVIDEO, URUGUAY--(Marketwired - Sept. 8, 2016) - Shogun Capital Corp. ("Shogun") (NEX:SHO.H) and International Cannabis Corp ("ICC") are pleased to announce the closing of the previously announced best efforts private placement (the "Offering") of subscription receipts ("Subscription Receipts") of ICC. Pursuant to the Offering, ICC issued 32,500,000 Subscription Receipts at a price of Cdn.$0.40 per Subscription Receipt (the "Issue Price") for gross proceeds of Cdn.$13,000,000. The syndicate for the Offering was comprised of GMP Securities L.P. as lead agent and sole bookrunner and Mackie Research Capital Corporation (the "Agents"). Each Subscription Receipt is convertible into one common share in the capital of ICC (the "ICC Common Shares"). |
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| Source:http://www.marketwired.com/mw/release.do?id=2156782&sourceType=3 |
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