CAN cann group limited
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News: CAN Cann Group Raises A$2 Million Via Entry Into Convertible Securities Facility

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    21/11/23
    12:40
    Post #: 71017948

    Nov 21 (Reuters) - Cann Group Ltd (CAN) :

    • CANN GROUP RAISES A$2 MILLION VIA ENTRY INTO CONVERTIBLE SECURITIES FACILITY
    • WILL HAVE ACCESS TO FURTHER DRAWDOWNS OF UP TO A$13 MILLION IN TOTAL BEING SUBJECT TO AGREEMENT BETWEEN PARTIES
    • FUNDS RAISED WILL PROVIDE WORKING CAPITAL TO ASSIST CO IN ACHIEVING TARGET OF AN ANNUAL RATE OF PRODUCTION OF 12.5-TONNE
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