Vancouver, B.C., May 4, 2017 – MYM Nutraceuticals Inc. (CSE:MYM) (OTC:MYMMF) (the “Company” or “MYM”), is pleased to announce a non-brokered private placement of up to 8,333,333 units at a price of $0.18 per unit.
Each unit will consist of one common share and one non-transferable share purchase warrant. Each whole warrant will entitle the holder to acquire one additional common share exercisable for a period of twelve months following the closing of the private placement at a price of $0.40 per warrant share subject to certain acceleration terms.
All or a portion of this placement could be subject to finder’s fees or commissions.
The private placement is subject to the approval of the Canadian Securities Exchange and the securities will be subject to a four month and one day hold period under securities laws.
The Company intends to use the net proceeds from the private placement for general working capital and corporate purposes.
About MYM
MYM Nutraceuticals Inc. is a public company whose primary focus is developing high-end organic medicinal supplements and topical products. MYM has an interest in the development of high-density farming facilities and other technologies that allow MYM to expand its brand into the global market.
MYM shares trade in Canada and Germany under the following symbols: (CSE:MYM) (OTC:MYMMF) (FRA:0MY) (DEU:0MY) (MUN:0MY) (STU:0MY)
ON BEHALF OF THE BOARD
“Rob Gietl”
Rob Gietl, CEO
MYM Nutraceuticals Inc.
www.mymarijuana.ca
My post are for entertainment only ...I do not suggest or tell people when to buy or sell..... GLTA STACKER
