Decibel Cannabis Company To Raise $10M Via Bought Deal Unit Offering With Eight Capital, Haywood Securities And Raymond James

producer Decibel Company Inc. (TSXV: DB) (OTCQB: DBCCF) announced  Thursday a $10 million bought deal unit offering. The Calgary, Alberta-based company reported it has signed an agreement under which Eight Capital, Haywood Securities Inc. and Raymond James Ltd., as co-lead underwriters and joint bookrunners, will purchase 34.5 million units of the Company, on a “bought deal” basis at a price per unit of $0.29 for gross proceeds of $10 million.

Offering Details

Each Unit shall be comprised of one common share in the capital of the company and one-half of one common share purchase warrant. Each Warrant shall entitle the holder thereof to purchase one …

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