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PharmaCielo Ltd.: PharmaCielo Signs Binding Letter of Intent to Acquire Operations in Thailand; Announces $2 Million Non-Brokered Private Placement with Participation from PharmaCielo Insiders and Siam Ventures Investors

PharmaCielo Ltd.: PharmaCielo Signs Binding Letter of Intent to Acquire Operations in Thailand; Announces $2 Million Non-Brokered Private Placement with Participation from PharmaCielo Insiders and Siam Ventures Investors
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United States , Kingdom Of Thailand , Iand Atacan , Marc Lustig , Louis Desmarais , Justice Jean Beetz , Dennis Riedl , Siam Ventures Corporation , Bennet Jones , Pharmacielo Colombia Holdings , Skypoint Capital Corporation , Venture Exchange , Common Share Of The Company , Cormark Securities Inc , National Instrument , Desmarais Capital Corporation , Tax Court , Company The Offering , Colombia Newsfile Corp , Quebec Solidarity Fund , Pharmacielo Ltd , Partner Of Darwin Financial Corporation , Supreme Court , Company Settlement , Regulation Services Provider , Siam Ventures ,

PharmaCielo Signs Binding Letter of Intent to Acquire Operations in Thailand; Announces $2 Million Non-Brokered Private Placement with Participation from PharmaCielo Insiders and Siam Ventures Investors

PharmaCielo Ltd. , the Canadian parent of Colombia s premier cultivator and producer of dried flower and medicinal-grade cannabis extracts, PharmaCielo Colombia Holdings S.A.S., today announced that. ....

United States , Kingdom Of Thailand , Louis Desmarais , Justice Jean Beetz , Iand Atacan , Marc Lustig , Venture Exchange , Siam Ventures Corporation , Bennet Jones , Pharmacielo Colombia Holdings , Skypoint Capital Corporation , Desmarais Capital Corporation , National Instrument , Tax Court , Common Share Of The Company , Cormark Securities Inc , Colombia Newsfile Corp , Quebec Solidarity Fund , Pharmacielo Ltd , Company The Offering , Supreme Court , Company Settlement , Partner Of Darwin Financial Corporation , Siam Ventures , Purchase Price , Proposed Acquisition ,

This Latin American Cannabis Co. Plans To Expand In Thailand Amid Significant Shifts In Weed Regulation Landscape - PharmaCielo (OTC:PCLOF)

PharmaCielo revealed its plans to acquire cannabis operations in Thailand.On Wednesday, the Canadian parent of Colombia's premier cultivator and producer of dried flower and medicinal-grade cannabis extracts, PharmaCielo Colombia Holdings S.A.S., said it has signed a binding letter of intent to enter a proposed transaction to acquire 100% of the issued and outstanding shares of Siam Ventures Corporation in exchange for common shares of PharmaCielo equaling to CA$3 million ($2.2 million).PharmaCielo also revealed it's undertaking a non-brokered private placement of 9,090,909 units at CA$0.2 per unit. Under the deal, the sum will be payable on closing by way of the issuance of 13,636,363 PharmaCielo Shares to the Siam Ventures' shareholders on a pro-rata basis. ....

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