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.
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.