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CALGARY, Alberta, March 09, 2021 (GLOBE NEWSWIRE) Sugarbud Craft Growers Corp. (TSXV:SUGR, SUGR.WT, SUGR.WS, SUGR.DB)) (
Sugarbud or the
Company ) is pleased to announce that it has entered into an agreement with Mackie Research Capital Corporation as the sole underwriter and sole bookrunner (the
Underwriter ), pursuant to which the Underwriter have agreed to purchase, on a bought-deal basis, 66,670,000 units of the Company (the
Units ) at a price of $0.06 per Unit for aggregate gross proceeds to the Company of $4,000,200 (the
Offering ).
Common Share ) and one Common Share purchase warrant of the Company (a