Initial Public Offer now closed

The Board of Cannasouth Limited is pleased to advise that its public offer of shares has closed oversubscribed today.

Cannasouth was seeking to raise a minimum of $5 million (10 million new ordinary shares) and a maximum of $10 million (20 million new ordinary shares) through a Priority Offer of $5m which closed on June 7, and a General Offer of $5m which closed oversubscribed at 5pm today.

Any applications received for the General Offer after today’s close will not be accepted and will be returned to investors.

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New Investors

For investors interested in purchasing Cannasouth (CBD) shares, click here for a full list of NZX participants who are accredited by NZX to advise on NZX markets.