FinCanna Capital Closes Oversubscribed Private Placement for $2.9 million

Author's Avatar
Apr 29, 2022

VANCOUVER, BC / ACCESSWIRE / April 29, 2022 / FinCanna Capital Corp.("FinCanna") (the "Company")(CSE:CALI) (OTCQB:FNNZF) an investment company focused on the U.S. licensed cannabis industry, reports that it has successfully closed its previously announced non-brokered private placement. Following higher than anticipated demand the Company increased the size of its initially announced offering of $2.0 million to raise final closing gross proceeds of$2,905,500 (the "Private Placement"). Accordingly, the Company has issued 29,055,000 Units at a price of $0.10 per unit.