04:55:05 EDT Tue 07 May 2024
Enter Symbol
or Name
USA
CA



AMP German Cannabis Group Inc
Symbol XCX
Shares Issued 20,217,796
Close 2020-01-07 C$ 0.30
Market Cap C$ 6,065,339
Recent Sedar Documents

ORIGINAL: AMP German arranges $2-million private placement

2020-01-08 14:25 ET - News Release

Received by email:

File: '\\doc\emailin\20200108 110959 Attachment AMP_EN News Release_Series B private placement_08jan20_FINAL.docx'

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THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES


AMP German Cannabis Group Announces Non-Brokered Placement Private Placement to Fund German Medical Cannabis Import Bu
--->siness

BERLIN, Germany, January 6, 2020 - AMP German Cannabis Group Inc. ("AMP" or the "Company") (CSE: XCX) (FSE: C4T, ISIN:
---> CA00176G1028) announces a non-brokered placement of up to 8,000,000 common shares of the Company at a price of $0.25 
--->per share for gross proceeds of up to $2,000,000. 
The Company intends to use the net proceeds from the offering to fund its import business, general corporate purposes 
--->and working capital. All securities issued pursuant to the offering will be subject to a statutory hold period of four
---> months plus a day from issuance in accordance with applicable securities laws. 
In connection with the offering, the Company may pay a finder's fee and warrants to one or more arm's length parties.
About AMP German Cannabis Group Inc. 
AMP German Cannabis Group is a specialized importer of EU-GMP medical cannabis from European and non-European countrie
--->s into Germany.  For more information, please visit: www.amp-eu.com. 

Contact: 
Mr. Alex Blodgett, CEO and Director
Telephone: +236-833-1602
Canada: investor@amp-eu.com 
Germany: investor@amp-eu.de  

Social media links: Twitter, Reddit, LinkedIn, and Facebook. Media Kit: www.amp-eu.com/media-kit

Cautionary Statements 

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the shares in the U
--->nited States. The shares have not been and will not be registered under the United States Securities Act of 1933, as a
--->mended (the "U.S. Securities Act"), or any state securities laws and may not be offered or sold within the United Stat
--->es or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemp
--->tion from such registration is available.

This news release contains forward-looking statements that are based on the Company's expectations, estimates and proj
--->ections regarding its business and the economic environment in which it operates, including with respect to the comple
--->tion of the offering, the timing thereof and the expected use of proceeds from the offering. Although the Company beli
--->eves the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statement
--->s are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predic
--->t. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statemen
--->ts and readers should not place undue reliance on such statements. These forward-looking statements speak only as of t
--->he date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new inform
--->ation or the occurrence of future events or circumstances unless otherwise required to do so by law.

SOURCE AMP German Cannabis Group Inc.





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