Medbright AI Investments Inc (MBAIF)

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Biotech Infusion Into Cannabis Product Development is Creating Strong Industry Growth Combination
Vinergy Resources Ltd . (otcqb:VNNYF)(cse:VIN) in conjunction with its proposed acquisition of MJ Biopharma (announced December 14, 2016) is pleased to announce that it intends to complete a non-brokered private placement offering of up to 400,000 units (the 'Units') at a price of USD $0.50 per Unit for gross proceeds of up to USD $200,000 (the 'Offering'). Each Unit will consist of one common share in the capital of the Company (a 'Share') and one transferable common share purchase warrant (a 'Warrant'), with each Warrant exercisable into one additional Share at a price of USD $1.00 for a period of three years from the date of closing (subject to acceleration in certain circumstances). To read this and more news for Vinergy Resources go to: http://marketnewsupdates.com/news/vnnyf.html

In connection with the Offering, the Company may pay a finder's fee on the Offering within the amount permitted by the policies of the Canadian Securities Exchange (the 'Exchange'). Closing of the Offering is subject to a number of conditions, including receipt of all necessary corporate and regulatory approvals, including the Exchange. All securities issued in connection with the Offering will be subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation. The Offering is not subject to a minimum aggregate amount of subscriptions.

Vinergy Resources also announced this week that it has signed a definitive agreement with 1099955 B.C. LTD. dba MJ BioPharma ('MJ BioPharma') whereby Vinergy will purchase 100% of MJ BioPharma, a cannabis technology company with a team of experienced business and medical professionals, biochemists and researchers. MJ Biopharma's expertise lies in its extracts and custom formulations. The company will also aim to in-license and joint venture on best-in-class technologies and products for both the medicinal and recreational markets - domestically and internationally.
http://www.marketwatch.com/story/biotech-infusion-into-cannabis-product-development-is-creating-strong-industry-growth-combination-2017-05-11