Cannabis Startup Canadabis Boosts Financing Haul to $4.5M in Strategic Funding Surge
CanadaBis Capital Inc. Expands Investment Opportunity with Increased Convertible Debenture Offering
CanadaBis Capital Inc. (TSXV: CANB) is excited to announce a significant expansion of its previously announced brokered private placement, responding to overwhelming investor enthusiasm. The company has now increased its offering to up to 4,500 unsecured convertible debentures, priced at $1,000 each, potentially generating gross proceeds of up to $4.5 million.
Driven by strong market interest, this enhanced financing round represents a strategic move by CanadaBis to capitalize on current investor appetite. Research Capital Corporation has been appointed as the sole agent and bookrunner for this promising financial initiative, underlining the offering's credibility and potential.
The increased allocation demonstrates CanadaBis's confidence in its financial strategy and ability to attract robust investor support in the current market landscape.