BevCanna Launches $500K Private Placement
Company Announcements

BevCanna Launches $500K Private Placement

BevCanna Enterprises (TSE:BEV) has released an update.

BevCanna Enterprises Inc. has announced a non-brokered private placement aiming to raise $500,000 by offering up to 833,333 common shares at $0.60 each. Intended for general working capital, the placement is set to close around July 12, 2024, without engaging dealers or finders, although a finder’s fee may apply in certain cases. This move follows the termination of a previously disclosed offering and the shares will be subject to a four-month restricted period.

For further insights into TSE:BEV stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskBevCanna Settles $2.6M Debt with Equity
TipRanks Canadian Auto-Generated NewsdeskBevCanna Strengthens Balance Sheet with Equity Debt Settlement
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!