13:58:16 EDT Fri 26 Apr 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

AMP German arranges $2-million private placement

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

Mr. Alex Blodgett reports

AMP GERMAN CANNABIS GROUP ANNOUNCES NON-BROKERED PLACEMENT PRIVATE PLACEMENT TO FUND GERMAN MEDICAL CANNABIS IMPORT BUSINESS

AMP German Cannabis Group Inc. has arranged a non-brokered placement of up to eight million common shares of the company at a price of 25 cents per share for gross proceeds of up to $2-million.

The company intends to use the net proceeds from the offering to finance 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 is a specialized importer of European Union good manufacturing practice medical cannabis from European and non-European countries into Germany.

We seek Safe Harbor.

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