Mr. Jake Heimark reports
PLUS PRODUCTS COMPLETION OF SHARES FOR DEBT PRIVATE PLACEMENT
The shares-for-debt transaction previously announced by Plus Products Inc.
on Sept. 11, 2019, contemplating the issuance of units consisting of subordinate voting shares and warrants in exchange for the settlement of certain debt has been completed. Pursuant to an escrow agreement ancillary to the transaction, 50 per cent of the shares issued in the transaction shall be held in escrow, to be released upon certain conditions set out in the agreement. As noted previously in the announcement of the transaction, all securities issued are subject to a statutory four-month hold period.
About Plus Products Inc.
Plus Products is a California edibles company focused on using nature to bring balance to consumers lives.
We seek Safe Harbor.
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