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Roscan Gold Announces Overnight Marketed Public Offering
March 15, 2021 GMT
THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES.
TORONTO, ON / ACCESSWIRE / March 15, 2021 / Roscan Gold Corporation (TSXV:ROS)(FSE:2OJ)(OTC Pink:RCGCF) (“Roscan” or the “Company”) is pleased to announce that it has launched an overnight marketed public offering (the “Offering”) of common shares of the Company (the “Common Shares”). The Offering will be conducted through a syndicate of agents (the “Agents”) led by Clarus Securities Inc.
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Bluma Wellness Inc. (CSE:BWEL) (OTCQX:BMWLF) in an all-share transaction worth $213 million.
The waiting period for a government review of the deal, in accordance with the Hart-Scott-Rodino Antitrust Improvements Act of 1976, has expired.
Cresco Labs confirmed Thursday that the transaction is expected to close during the second quarter of 2021.
In January, the Chicago-based company announced its intention to acquire all of Florida-based Bluma s issued and outstanding shares.
In return, Bluma s shareholders agreed to receive 0.0859 of Cresco s subordinate voting share for each Bluma share worth $1.12 per share.
Clarus Securities Inc., INFOR Financial Inc. and Gowling WLG (Canada) LLP advised Bluma throughout the sale process.
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