checkAd

     612  0 Kommentare Nutritional High Announces Closing of Private Placement

    TORONTO, ONTARIO--(Marketwired - Aug. 26, 2016) - Nutritional High International Inc. (the "Company" or "Nutritional High") (CSE:EAT)(OTCQB:SPLIF)(FRANKFURT:2NU) is pleased to announce the closing of the first tranche of non-brokered private placement (the "Offering"), consisting of 11,432,579 units ("Unit") for aggregate gross proceeds of $400,140. The proceeds from the Offering will be used by the Company to fund the Company's Pueblo project, service debt and for general working capital purposes. The Closing of a final tranche of this Offering is expected to occur in early September.

    Each Unit is comprised of one (1) common share of the company (a "Common Share") and one half (1/2) Common Share purchase warrant ("Warrant"). Each whole Warrant entitles the holder thereof to purchase one Common Share at a price of $0.05 per Common Share for a period of 18 months after the Closing Date.

    All securities issued pursuant to the private placement will be subject to a four-month hold period under Canadian securities laws.

    The Company paid cash finder's fees equal to $800 and issued 22,857 finder's warrants ("Finder's Warrants"). Each Finder's Warrant is exercisable into Units at a price of $0.035 per Unit for a period of 18 months from the closing date.

    The securities offered will not be registered under the U.S. Securities Act of 1933, as amended, or any state securities laws, and may not be offered or sold in the United States absent registration or an exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

    About Nutritional High International Inc.

    Nutritional High is focused on developing, manufacturing and distributing products and nationally recognized brands in the hemp and marijuana-infused products industries, including edibles and oil extracts for nutritional, medical and adult recreational use. The Company works exclusively through licensed facilities in jurisdictions where such activity is permitted and regulated by state law.

    For updates on the Company's activities and highlights of the Company's press releases and other media coverage, please follow Nutritional High on Facebook, Twitter, Instagram and Google+.

    NEITHER THE CANADIAN SECURITIES EXCHANGE NOR OTC MARKETS GROUP INC., NOR THEIR REGULATIONS SERVICES PROVIDERS HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

    Seite 1 von 2




    Verfasst von Marketwired
    Nutritional High Announces Closing of Private Placement TORONTO, ONTARIO--(Marketwired - Aug. 26, 2016) - Nutritional High International Inc. (the "Company" or "Nutritional High") (CSE:EAT)(OTCQB:SPLIF)(FRANKFURT:2NU) is pleased to announce the closing of the first tranche of non-brokered private …