Page 7 - New Nova News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Share: SERVICES FOR DISSEMINATION IN THE UNITED STATES/ EDMONTON, Alberta and CALGARY, Alberta, Jan. 19, 2021 (GLOBE NEWSWIRE) Alcanna Inc. ( Alcanna ) (TSX:CLIQ) and YSS Corp. ( YSS ) (TSXV:YSS, WCN: A2PMAX, OTCQB:YSSCF) are pleased to announce that, as a result of excess demand, the previously announced $25.0 million equity financing being led by Eight Capital and Cormark Securities Inc. has been upsized to $40.0 million (the Financing ). The Financing will be completed in connection with a transaction pursuant to which Alcanna will spin-out its retail cannabis business and combine with YSS to form Nova Cannabis Inc. ( New Nova or the Company ), a new discount-focused cannabis retailer (the

United statesUnited kingdomTheo zunichDarren karasiukJames burnsAlcanna incNova cannabis inc newAlcanna cannabis stores limited partnershipFrankfurt stock exchangeCormark securities incToronto stock exchangeVenture exchange incAlcanna cannabis stores gp incVenture exchangeEight capitalCormark securities