On January 22, Liberty Leaf Holdings Ltd. (CSE: LIB) (OTCQB: LIBFF) (FSE: HN3P) said that it closed a non-brokered private placement financing of 5,000,000 units at a price of $0.40 each. Each unit consists of one common share and one-half of one transferable share purchase warrant. Each whole warrant entitles the holder to further purchase one common share for a period of up to twenty-four months at a price of $0.60. The company also issued 259,485 finder’s units with the same entails. The company received total gross proceeds of $2,000,000 from the offering which it intends to use toward fast-tracking the facility build-outs for both of the company’s North Road Ventures and Just Kush Enterprises operations, as well as looking for ventures in the cannabis sector and general working capital.
To view the full press release, visit http://cnw.fm/3X7rT
About Liberty Leaf
Liberty Leaf Holdings Ltd. is a new Canadian-based, public company whose focus is to build and support a diversified portfolio of cannabis-sector businesses, including cultivation, processing, value-added CBD/THC pet products and supply-chain products within this dynamic and fast-growing sector. Liberty Leaf owns a 60% interest in Just Kush, along with 100% wholly-owned North Road Ventures, are both late-stage applicants under Health Canada’s ACMPR. For more information, visit the company’s website at www.LibLeaf.ca.
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