08:16:18 EDT Wed 01 May 2024
Enter Symbol
or Name
USA
CA



Sweet Earth Holdings Corp (3)
Symbol SE
Shares Issued 2,802,956
Close 2024-02-22 C$ 0.40
Market Cap C$ 1,121,182
Recent Sedar Documents

Sweet Earth does not say why stock is up, but ...

2024-02-23 14:31 ET - News Release

Mr. Chris Cooper reports

SWEET EARTH COMMENTS ON TRADING ACTIVITY AT REQUEST OF CANADIAN INVESTMENT REGULATORY ORGANIZATION AND ANNOUNCES PRIVATE PLACEMENT

Sweet Earth Holdings Corp. has issued this press release in response to a request by the Canadian Investment Regulatory Organization (CIRO) to comment on recent trading activity of its stock.

The company is not aware of any material undisclosed corporate developments and there have been no material changes in its business or affairs that have not been publicly disclosed that would account for the recent increase in the market price or trading volume of its common shares. The company is unaware of any reason for the current market activity.

Private placement

The company has arranged a non-brokered private placement offering of 250,000 units at a price of 35 cents per unit for gross proceeds of up to $87,500. Each unit shall consist of one common share of the company and one whole common share purchase warrant. Each warrant will entitle the holder thereof to acquire one additional common share at an exercise price of 50 cents per common share for a period of 24 months from the date of issuance.

The net proceeds of the offering are expected to be used to pay the company's payables and for general working capital purposes. The securities issued in connection with the offering will be subject to a statutory hold period in Canada expiring four months and one day from the date of issuance. No finders' fees are payable in connection with the offering.

About Sweet Earth Holdings Corp.

Sweet Earth is a reporting issuer in the provinces of British Columbia, Alberta and Ontario with its common shares listed on the Canadian Securities Exchange. Sweet Earth has been developing hemp- and cannabidiol-related assets in Canada and the United States and is actively seeking new and different business opportunities.

We seek Safe Harbor.

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