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CanadaBis Capital Inc.: Canadabis Capital Inc. Announces Commercially Reasonable Efforts Marketed Prospectus Offering of Units up to $5 Million, Concurrent Private Placement, Share Swap and Refinancing of Mortgage Facilities


CanadaBis Capital Inc.: Canadabis Capital Inc. Announces Commercially Reasonable Efforts Marketed Prospectus Offering of Units up to $5 Million, Concurrent Private Placement, Share Swap and Refinancing of Mortgage Facilities
CanadaBis or the
Company ) is pleased to announce that it has filed with, and obtained a receipt for, a preliminary short form prospectus dated June 1, 2021 (the
Prospectus ) with respect to a marketed offering (the
Offering ) of units (the
Units ) of the Company for gross proceeds to the Company of up to $5,000,000 at a price to be determined in the context of the market. Each Unit will consist of one common share of the Company (a ....

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South Korea to extend sales tax discount


South Korea plans to extend the current 30% sales tax discount on vehicles until the end of the year to help support the country s vehicle market, according to local reports. 
The discount, which reduces the sales tax from 5% to 3.5%, was originally introduced in July 2018 but the government has continued to extend it to support domestic vehicle demand. It is currently due to expire at the end of June 2021.
Finance minister Hong Nam-ki was reported to have announced the plan to extend the discount for another six months to local journalists on Friday, citing continued weak vehicle demand due to the COVID-19 pandemic. ....

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