The Toronto Stock Exchange reports that Auxly Cannabis Group Inc. will list additional shares at the open on June 14, 2021. As stated in its prospectus supplement dated June 11, 2021, the company will issue 47.62 million units at 31.5 cents per unit in a public offering, with each unit consisting of one share and one-half warrant.
According to the TSX, the units will separate immediately upon the closing of the offering. Each whole warrant will be exercisable at 38 cents per share for 36 months following the closing of the offering. The warrants will not be listed and posted for trading on the TSX.
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