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Tweed Marijuana Inc announces $15 mln bought deal financing


Thursday, 24 Apr 2014 07:48am EDT 

Tweed Marijuana Inc:Enters into agreement with syndicate of underwriters led by GMP Securities L.P. and including Jacob Securities Inc.Pursuant to which underwriters have agreed to purchase 4,687,500 common shares of company at price of $3.20 per Common Share for aggregate gross proceeds to Tweed of $15,000,000.Intends to use net proceeds for facility expansion and general corporate purposes. 

Company Quote

2.17
0.01 +0.46%
3:59pm EST