Christina Lake Cannabis (TSE:CLC) has released an update.
Christina Lake Cannabis Corp. plans to raise up to $3.6 million through a non-brokered private placement, offering shares at $0.033 each. The proceeds, excluding those used for debt settlements, will be directed towards general working capital. Certain directors and officers may participate in the offering, which will be subject to regulatory approval and a hold period of four months and one day.
For further insights into TSE:CLC stock, check out TipRanks’ Stock Analysis page.
Trending Articles
- Deutsche Bank Pounds the Table on Tesla Stock
- ‘Breath of Fresh Air,’ Says Daniel Ives About Rivian Stock
- ‘It’s Not Too Late to Load Up,’ Says Analyst About Nvidia Stock
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
