The Toronto Stock Exchange reports that Delta 9 Cannabis Inc. will list additional shares at the open on Dec. 21, 2020. According to the TSX, the listing covers shares to be issued in a public offering of 10,454,546 units at 55 cents per unit, pursuant to the terms of a prospectus dated Dec. 14, 2020.
The TSX reports that each unit will consist of one share and one-half warrant. The units will separate immediately upon the closing of the offering. Each warrant will entitle the holder to acquire one share at 70 cents per share until 5 p.m. EST on the date that is 36 months from the closing date of the offering. The warrants will not be listed and posted for trading on the TSX.
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