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Thursday, August 20, 2020 4:39:42 PM
LAS VEGAS, Aug. 20, 2020 /CNW/ - Planet 13 Holdings Inc. ("Planet 13" or the "Company") (CSE: PLTH) (OTCQB: PLNHF) is pleased to announce that it has entered into an agreement with a syndicate of underwriters (the "Underwriters") co-led by Beacon Securities Limited ("Beacon") and Canaccord Genuity Corp. pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 4,060,000 units (the "Units") in the capital of the Company at a price of $3.70 per Unit (the "Offering Price") for aggregate gross proceeds to the Company of $15,022,000 (the "Offering"). (All figures are in Canadian dollars unless otherwise stated).
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