Simply Solventless Concentrates Ltd (TSE:HASH) has released an update.
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Simply Solventless Concentrates Ltd (SSC) has announced an increase in their unit financing from $3.5 million to $3.85 million due to strong demand, offering up to 15.4 million units. Each unit includes a common share and a half warrant, with the potential for an accelerated warrant expiry under certain conditions. The funds raised are intended for a services agreement with CannMart Inc. and Lifeist Wellness Inc., the acquisition of CannMart Inc., and to invest in hydrocarbon extraction equipment.
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