QualityStocksNewsBreaks – Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) Announces Closure of Private Placement Reaching $1.34M
Pac Roots Cannabis (CSE: PACR) (OTCQB: PACRF), a company dedicated to producing premium-quality strains and products by leveraging a genetics-focused approach, has closed its previously announced nonbrokered private placement. The placement was comprised of 7,448,255 units, sold at $0.30 per share and resulting in a total of $1,340685.90. Each unit sold included one common shares and one share purchase warrant; each warrant was exercisable for $0.30 per share until February 23, 2024. Registrants received finder’s fees, equaling $75,294,41, and finder’s warrants; finder’s warrants were also exercisable into one common share at a price of $0.18 per share until February 23, 2024. The announcement…