ESE Announces Closing of $8 6 Million Bought Deal Public Offering leaderpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from leaderpost.com Daily Mail and Mail on Sunday newspapers.
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Strategic Review Committee has commenced process of rightsizing headcount for immediate cost reductions, reducing annual operating expenses by approximately $2 million, excluding restructuring charges.
The Company maintains a strong liquidity position with approximately $23.5 million in cash and cash equivalents as of March 31, 2021 with a $100 million base shelf prospectus available.
Flowr has disposed of non-core licenses and operations in offshore jurisdictions.
The Company expects approximately $5 million from non-core asset sales, including approximately 4 acres of industrial land located in Kelowna.
The Company focused on being an ultra-premium and premium dry flower producer in Canada and the E.U.
TORONTO, April 14, 2021 (GLOBE NEWSWIRE) The Flowr Corporation ((TSX.V: FLWR, OTC:FLWPF) (
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THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.
TORONTO, Feb. 10, 2021 (GLOBE NEWSWIRE) The Flowr Corporation (TSX.V: FLWR; OTC: FLWPF) (“
Flowr” or the “
Company”) is pleased to announce that it has entered into an agreement with Cantor Fitzgerald Canada Corporation as sole bookrunner and lead underwriter (the “
Lead Underwriter”) pursuant to which the Lead Underwriter has agreed, on behalf of a syndicate of underwriters (collectively, the “
Underwriters”), to purchase, on a bought deal basis pursuant to the filing of a short form prospectus, an aggregate of 19,610,000 units of the Company (the “
Cybin Announces Closing of Upsized Bought Deal Offering
Company Has Raised Nearly CDN$90 Million to Date NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Cybin Inc. a biotechnology company focused on progressing psychedelic therapeutics, is pleased to announce that it has closed its previously announced bought deal short form prospectus offering including the exercise of the over-allotment option granted to the … Company Has Raised Nearly CDN$90 Million to Date NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Cybin ” or the “ Company ”), a biotechnology company focused on progressing psychedelic therapeutics, is pleased to announce that it has closed its previously announced bought deal short form prospectus offering (the “