trending Market Intelligence /marketintelligence/en/news-insights/trending/c8w3khld2opti71eywrfma2 content esgSubNav
In This List

Viridium Pacific to raise C$16M via offering of units

Blog

Insight Weekly: US stock performance; banks' M&A risk; COVID-19 vaccine makers' earnings

Blog

Global M&A By the Numbers: Q3 2021

Blog

Post-webinar Q&A: Global Credit Risk Trends 2021 and Beyond

Blog

University Essentials: From Crisis to Resilience – Navigating Sustainable Recovery


Viridium Pacific to raise C$16M via offering of units

Canada's Viridium Pacific Group Ltd. plans to raise C$16 million through a private placement of units.

The medical cannabis producer is offering 17,582,418 units at 91 Canadian cents each.

Each unit comprises 1 common share and a warrant to buy 1 common share for C$1.14.

The placement remains subject to regulatory approvals.

British Columbia-based Viridium Pacific said net proceeds will go toward construction of a growing facility, general working capital and closing costs.