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GTEC Enters Global Cannabis Market with Export Agreement to Israel

Non-Brokered Private Placement
The Company is also pleased to announce that it has completed its previously announced non-brokered private placement (the “
Offering”) of 13,750,000 units (each, a “
Unit”) at a price $0.20 per Unit for gross proceeds of $2,750,000. Each “Unit” issued in the placement consists of one common share and one half of one share purchase warrant entitling the holder to purchase one additional share at $0.30 for a period of three years from closing of the Offering.
The Company filed for price reservation based on the closing price per common share of $0.245 on February 5, 2021 (which was the 52-week high for the Common Shares as of February 5, 2021). Commitments to subscribe in the Offering that were received on or before the close of markets on February 9, 2021, totaled $2.75 million. Further commitments were later received with demand significantly exceeding the $4 million, however as a result of the increase in the Company� ....

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Kelowna-based cannabis company enters Israeli market - Kelowna News

Kelowna-based cannabis company enters Israeli market - Kelowna News
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GTEC Enters Global Cannabis Market with Export Agreement to Israel

GTEC Enters Global Cannabis Market with Export Agreement to Israel
globenewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globenewswire.com Daily Mail and Mail on Sunday newspapers.

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Press Release - MINING.COM

Press Release - MINING.COM
mining.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mining.com Daily Mail and Mail on Sunday newspapers.

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