Mr.
Will Rascan reports
LIBERTY LEAF RECEIVES $1.1 MILLION FROM WARRANT EXERCISES
Liberty Leaf Holdings Ltd. has received an aggregate $1,139,522.80 from the exercise of share purchase warrants.
A total of 5,290,228 warrants were exercised at 10 cents and 8.14 million warrants were exercised at 7.5 cents. The company allotted and issued a total of 13,430,228 common shares. The warrants were issued in connection with non-brokered private placement financings closed on Sept. 18, 2014, and Oct. 19, 2016.
"We are pleased with the exercise of warrants by long-term shareholders and other accredited investors," declared Will Rascan, chief executive officer and president of Liberty Leaf. "The use of proceeds will be employed to advance the company's business model of investing in and supporting a diversified portfolio of cannabis-sector businesses."
About Liberty Leaf Holdings Ltd.
Liberty Leaf Holdings is a Canadian-based public company whose focus is to build and support a diversified portfolio of cannabis-sector businesses, including cultivation, processing, value-added cannabidiol/tetrahydrocannabinol pet products and supply chain products within this dynamic and fast-growing sector.
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