23:27:34 EDT Thu 16 May 2024
Enter Symbol
or Name
USA
CA



1CM Inc
Symbol EPIC
Shares Issued 114,403,602
Close 2023-06-09 C$ 1.45
Market Cap C$ 165,885,223
Recent Sedar Documents

1CM arranges $5-million private placement

2023-06-09 16:57 ET - News Release

Ms. Tanvi Bhandari reports

1CM INC. ANNOUNCES A $5,000,000.00 PRIVATE PLACEMENT

1CM Inc. has arranged a $5-million private placement to issue 3,333,333 common shares in the capital of the company at a price of $1.50 per share for total gross proceeds of up to $5-million in a non-brokered private placement to certain accredited investors. A total of $3-million of the $5-million private placement has been completed. The company expects the balance to be completed within 30 days. Total gross proceeds raised from the closing of the private placement will be used for general corporate purposes and acquisitions, and all securities issued are subject to a statutory four-month hold period.

About 1CM Inc.

1CM is a multijurisdictional, multidimensional cannabis company focused on its retail customers and technology to democratize cannabis markets. The company's vision is to be a leading cannabis company globally with solutions that add value to consumers and companies. The company is focused on expanding its current operations through organic growth and by way of merger and acquisition transactions.

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