good natured Products Inc. Announces Closing of its Bought Deal Private Placement
Vancouver, British Columbia--(Newsfile Corp. - December 17, 2020) - good natured Products Inc. (TSXV: GDNP) (the "Company" or "
good natured®") today announced that it has closed its previously announced bought deal private placement (the "Offering"). Canaccord Genuity Corp. acted as lead underwriter and sole bookrunner in connection with the Offering in a syndicate that included Integral Wealth Securities Limited and Paradigm Capital Inc. (the "Underwriters").
Pursuant to the Offering, the Company issued 8,520,000 common shares in capital of the Company (the "Common Shares") at an issue price of $0.47 per Common Share (the "Issue Price") for gross proceeds of $4,004,400.