Bevcanna Enterprises Inc. (TSE:BEV) has released an update.
BevCanna Enterprises Inc., a lifestyle and wellness consumer packaged goods company, has announced a private placement aiming to raise up to $885,000 by offering common shares at $1.50 each. The proceeds from this offering are intended to fund the relaunch and expansion of their TRACE brand water products, launch a nutraceutical e-commerce platform, and provide general working capital. Investors in British Columbia and Ontario can purchase shares without resale restrictions, with the offering contingent on reaching at least $500,000 and obtaining necessary regulatory approvals.
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