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Ayr Strategies Announces Upsizing of Previously Announced 12.5% Senior Secured Notes Offering; Completes Incentive Exercise of Three Million Warrants Total Gross Proceeds in Excess of US$135 Million December 09, 2020 18:42 ET | Source: Ayr Strategies Inc. Ayr Strategies Inc. New York, New York, UNITED STATES TORONTO, Dec. 09, 2020 (GLOBE NEWSWIRE) Ayr Strategies Inc. (CSE: AYR.A, OTCQX: AYRWF) (“Ayr” or the “Company”), a leading vertically integrated cannabis multi-state operator, is pleased to announce that, due to strong demand, it has increased the size of its previously announced offering of 12.5% Senior Secured Notes (the “Notes”), from US$75 million to US$110 million. Additionally, it has completed an oversubscribed incentive cash exercise of three million of the Company’s share purchase warrants, resulting in gross proceeds to the Company of over US$25 million. In aggregate this week, follow

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