Harvest One Capital Inc. (NEX:WON.H) ("Harvest One" or the "Company") is pleased to announce that it has closed its previously announced private placement (the "Offering"), disclosed in news releases of the Company dated January 17, 2017, and January 27, 2017, through a syndicate of agents led by Mackie Research Capital Corporation (the "Lead Agent") and including Canaccord Genuity Corp., Eight Capital and GMP Securities L.P. (the "Agents"). Pursuant to the Offering, the Company issued 33,334,000 subscription receipts (the "Subscription Receipts") at a price of $0.75 per Subscription Receipt (the "Purchase Price"), including 4,000,000 Subscription Receipts issued pursuant to the full exercise of the Agents' Option (as defined herein), for aggregate gross proceeds of $25,000,500. The Offering was completed in connection with the previously announced acquisition by the Company from MMJ PhytoTech Limited ("MMJ") of 100% of the issued and outstanding shares of United Greeneries Holdings Ltd. and Satipharm AG, both wholly owned subsidiaries of MMJ (the "Acquisition").
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