Simply Better Brands Corp. (TSE:SBBC) has released an update.
Simply Better Brands Corp. has announced a $2 million private placement to fund the expansion of their TRUBAR protein bars and for general corporate purposes. The placement offers over 5.7 million units at $0.35 each, including a share and a half-warrant, with the latter allowing purchase of additional shares at $0.45. The offering is expected to close by April 25, 2024, with no resale restrictions under Canadian law.
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