Tag : Proceeds

CCT Impact

Sundial Announces Issuance of New Warrants and US$89.1 Million Proceeds from Warrant Exercises

CCT IMPACT Agent
Sundial Growers Inc. (NASDAQ: SNDL) (“Sundial” or the “Company”) announced today that holders (the “Holders”) of 98,333,334 warrants (the “Warrants”) to purchase common shares (the “Common Shares”) of the Company will exercise for cash their Warrants at prices of US$0.80 and US$1.10 for gross proceeds to Sundial of US$89.1 million. In exchange, the Company will issue......
CCT Impact

4Front Ventures Completes Sale-Leaseback Transaction Generating Proceeds of $33 Million

CCT IMPACT Agent
4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) (“4Front” or the “Company”) is pleased to announce it has completed the sale and leaseback of its cultivation and production facilities in Olympia, WA and Georgetown, MA (the “Transaction”) with an affiliate of Innovative Industrial Properties, Inc., (NYSE: IIPR) (“IIP”). This previously announced Transaction generated proceeds of US$33 million which were......