{"id":470767,"date":"2021-04-05T08:33:30","date_gmt":"2021-04-05T12:33:30","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=470767"},"modified":"2021-04-05T08:33:30","modified_gmt":"2021-04-05T12:33:30","slug":"golden-leaf-holdings-announces-final-closing-of-non-brokered-private-placement-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/golden-leaf-holdings-announces-final-closing-of-non-brokered-private-placement-2\/","title":{"rendered":"Golden Leaf Holdings Announces Final Closing of Non-Brokered Private Placement"},"content":{"rendered":"
\n

\n NOT FOR RELEASE IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES<\/strong>\n <\/p>\n

PORTLAND, Ore., April 05, 2021 (GLOBE NEWSWIRE) — Golden Leaf Holdings Ltd. (CSE:\u00a0GLH)\u00a0(OTCQB: GLDFF)\u00a0(\u201cGolden Leaf\u201d or the \u201cCompany\u201d), a premier, consumer-driven cannabis company specializing in production, processing, wholesale,\u00a0distribution\u00a0and retail,\u00a0is pleased to announce\u00a0that all tranches of its\u00a0non-brokered\u00a0private\u00a0placement\u00a0(the \u201cNon-Brokered Offering\u201d)\u00a0of units (\u201cUnits\u201d),\u00a0previously announced on\u00a0February\u00a017, 2021, have now closed.\u00a0\u00a0The Company received\u00a0total\u00a0subscriptions for\u00a0gross proceeds of\u00a0C$10,375,154.\u00a0\u00a0Each Unit\u00a0is\u00a0comprised of one common share of the Company (a \u201cCommon Share\u201d) and one Common Share purchase warrant (a \u201cWarrant\u201d).\u00a0 Each Warrant is exercisable to acquire one Common Share (a \u201cWarrant Share\u201d) at an exercise price of\u00a0C$0.10\u00a0per Warrant Share for a period of 24 months from the closing.\u00a0 The Units will have a hold period of four months and one day from the\u00a0date of\u00a0issuance.\u00a0Finder’s fees\u00a0consisting\u00a0of\u00a0cash\u00a0and\/or finders warrants\u00a0were paid to certain subscribers with\u00a0each such warrant entitling the holder to acquire one Common Share for C$0.10\u00a0for a period of 24 months.\u00a0 \u00a0<\/p>\n

\u201cThe completion of this placement\u00a0provides the Company with the financial ability to\u00a0complete its previously announced\u00a0transformational\u00a0retail acquisition\u00a0and leaves the Company with sufficient capital to allow for\u00a0smaller\u00a0additional accretive acquisitions,\u201d\u00a0\u00a0commented John Varghese, Executive Chairman of GLH.\u00a0\u00a0<\/p>\n

The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the \u201cU.S. Securities Act\u201d), or any state securities laws, and accordingly, may not be offered or sold within the United States except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities requirements or pursuant to exemptions therefrom.\u00a0\u00a0This press release does not constitute an offer to sell or a solicitation to buy any securities in any jurisdiction.\u00a0<\/p>\n

\n
\n
\n About Golden Leaf Holdings<\/u>
\n <\/strong>
\n <\/a>\u00a0
Golden Leaf Holdings is a premiere consumer-driven cannabis company specializing in production, processing, wholesale,\u00a0distribution\u00a0and retail, with 7 dispensaries in Portland, Oregon. The\u00a0Company is committed to developing a dynamic portfolio built around the recognized brands of Chalice Farms, with a focus on health and wellness.\u00a0 Markets served include Oregon, California,\u00a0Nevada\u00a0and Washington.\u00a0\u00a0Visit\u00a0glhmonthly.com<\/u><\/a>\u00a0for regular updates.\u00a0<\/p>\n

\n Investor Relations:<\/strong>\u00a0
John Varghese\u00a0
Executive Chairman\u00a0
Golden Leaf Holdings Ltd.\u00a0
971-371-2685\u00a0
ir@goldenleafholdings.com<\/u><\/a>\u00a0<\/p>\n

\n Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.<\/em>\u00a0
\u00a0<\/strong>\u00a0
Disclaimer: This press release contains \u201cforward-looking information\u201d within the meaning of applicable securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the Company\u2019s future business operations, the opinions or beliefs of management and future business goals. Generally, forward looking information can be identified by the use of forward-looking terminology such as \u201cplans\u201d, \u201cexpects\u201d or \u201cdoes not expect\u201d, \u201cis expected\u201d, \u201cbudget\u201d, \u201cscheduled\u201d, \u201cestimates\u201d, \u201cforecasts\u201d, \u201cintends\u201d, \u201canticipates\u201d or \u201cdoes not anticipate\u201d, or \u201cbelieves\u201d, or variations of such words and phrases or state that certain actions, events or results \u201cmay\u201d, \u201ccould\u201d, \u201cwould\u201d, \u201cmight\u201d or \u201cwill be taken\u201d, \u201coccur\u201d or \u201cbe achieved\u201d. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information. These risks include but are not limited to general business, economic and competitive uncertainties, regulatory risks, market risks, risks inherent in manufacturing and retail operations such as unforeseen costs and production shutdowns, difficulties in maintaining brand loyalty, and other risks of the cannabis industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward looking information. Forward-looking information is provided herein for the purpose of presenting information about management\u2019s current expectations relating to the future and readers are cautioned that such information may not be appropriate for other purpose. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. This press release does not constitute an offer of securities for sale in the United States, and such securities may not be offered or sold in the United States absent registration or an exemption from registration or an exemption from reg<\/em>istration.<\/em><\/p>\n


\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

NOT FOR RELEASE IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES PORTLAND, Ore., April 05, 2021 (GLOBE NEWSWIRE) — Golden Leaf Holdings Ltd. (CSE:\u00a0GLH)\u00a0(OTCQB: GLDFF)\u00a0(\u201cGolden Leaf\u201d or the \u201cCompany\u201d), a premier, consumer-driven cannabis company specializing in production, processing, wholesale,\u00a0distribution\u00a0and retail,\u00a0is pleased to announce\u00a0that all tranches of its\u00a0non-brokered\u00a0private\u00a0placement\u00a0(the \u201cNon-Brokered Offering\u201d)\u00a0of units (\u201cUnits\u201d),\u00a0previously announced on\u00a0February\u00a017, 2021, have now closed.\u00a0\u00a0The Company received\u00a0total\u00a0subscriptions for\u00a0gross proceeds of\u00a0C$10,375,154.\u00a0\u00a0Each Unit\u00a0is\u00a0comprised of one common share of the Company (a \u201cCommon Share\u201d) and one Common Share purchase warrant (a \u201cWarrant\u201d).\u00a0 Each Warrant is exercisable to acquire one Common Share (a \u201cWarrant Share\u201d) at an exercise price of\u00a0C$0.10\u00a0per Warrant Share for a period of 24 months from the closing.\u00a0 The Units will have a hold period of … <\/p>\n

Continue reading “Golden Leaf Holdings Announces Final Closing of Non-Brokered Private Placement”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-470767","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nGolden Leaf Holdings Announces Final Closing of Non-Brokered Private Placement - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/golden-leaf-holdings-announces-final-closing-of-non-brokered-private-placement-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Golden Leaf Holdings Announces Final Closing of Non-Brokered Private Placement - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NOT FOR RELEASE IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES PORTLAND, Ore., April 05, 2021 (GLOBE NEWSWIRE) — Golden Leaf Holdings Ltd. (CSE:\u00a0GLH)\u00a0(OTCQB: GLDFF)\u00a0(\u201cGolden Leaf\u201d or the \u201cCompany\u201d), a premier, consumer-driven cannabis company specializing in production, processing, wholesale,\u00a0distribution\u00a0and retail,\u00a0is pleased to announce\u00a0that all tranches of its\u00a0non-brokered\u00a0private\u00a0placement\u00a0(the \u201cNon-Brokered Offering\u201d)\u00a0of units (\u201cUnits\u201d),\u00a0previously announced on\u00a0February\u00a017, 2021, have now closed.\u00a0\u00a0The Company received\u00a0total\u00a0subscriptions for\u00a0gross proceeds of\u00a0C$10,375,154.\u00a0\u00a0Each Unit\u00a0is\u00a0comprised of one common share of the Company (a \u201cCommon Share\u201d) and one Common Share purchase warrant (a \u201cWarrant\u201d).\u00a0 Each Warrant is exercisable to acquire one Common Share (a \u201cWarrant Share\u201d) at an exercise price of\u00a0C$0.10\u00a0per Warrant Share for a period of 24 months from the closing.\u00a0 The Units will have a hold period of … Continue reading "Golden Leaf Holdings Announces Final Closing of Non-Brokered Private Placement"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/golden-leaf-holdings-announces-final-closing-of-non-brokered-private-placement-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-05T12:33:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIxMTQxNCM0MTA1NTczIzIwOTE5NTQ=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/golden-leaf-holdings-announces-final-closing-of-non-brokered-private-placement-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/golden-leaf-holdings-announces-final-closing-of-non-brokered-private-placement-2\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Golden Leaf Holdings Announces Final Closing of Non-Brokered Private Placement\",\"datePublished\":\"2021-04-05T12:33:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/golden-leaf-holdings-announces-final-closing-of-non-brokered-private-placement-2\\\/\"},\"wordCount\":791,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/golden-leaf-holdings-announces-final-closing-of-non-brokered-private-placement-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODIxMTQxNCM0MTA1NTczIzIwOTE5NTQ=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/golden-leaf-holdings-announces-final-closing-of-non-brokered-private-placement-2\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/golden-leaf-holdings-announces-final-closing-of-non-brokered-private-placement-2\\\/\",\"name\":\"Golden Leaf Holdings Announces Final Closing of Non-Brokered Private Placement - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/golden-leaf-holdings-announces-final-closing-of-non-brokered-private-placement-2\/","og_locale":"en_US","og_type":"article","og_title":"Golden Leaf Holdings Announces Final Closing of Non-Brokered Private Placement - Market Newsdesk","og_description":"NOT FOR RELEASE IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES PORTLAND, Ore., April 05, 2021 (GLOBE NEWSWIRE) — Golden Leaf Holdings Ltd. (CSE:\u00a0GLH)\u00a0(OTCQB: GLDFF)\u00a0(\u201cGolden Leaf\u201d or the \u201cCompany\u201d), a premier, consumer-driven cannabis company specializing in production, processing, wholesale,\u00a0distribution\u00a0and retail,\u00a0is pleased to announce\u00a0that all tranches of its\u00a0non-brokered\u00a0private\u00a0placement\u00a0(the \u201cNon-Brokered Offering\u201d)\u00a0of units (\u201cUnits\u201d),\u00a0previously announced on\u00a0February\u00a017, 2021, have now closed.\u00a0\u00a0The Company received\u00a0total\u00a0subscriptions for\u00a0gross proceeds of\u00a0C$10,375,154.\u00a0\u00a0Each Unit\u00a0is\u00a0comprised of one common share of the Company (a \u201cCommon Share\u201d) and one Common Share purchase warrant (a \u201cWarrant\u201d).\u00a0 Each Warrant is exercisable to acquire one Common Share (a \u201cWarrant Share\u201d) at an exercise price of\u00a0C$0.10\u00a0per Warrant Share for a period of 24 months from the closing.\u00a0 The Units will have a hold period of … Continue reading \"Golden Leaf Holdings Announces Final Closing of Non-Brokered Private Placement\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/golden-leaf-holdings-announces-final-closing-of-non-brokered-private-placement-2\/","og_site_name":"Market Newsdesk","article_published_time":"2021-04-05T12:33:30+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIxMTQxNCM0MTA1NTczIzIwOTE5NTQ=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/golden-leaf-holdings-announces-final-closing-of-non-brokered-private-placement-2\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/golden-leaf-holdings-announces-final-closing-of-non-brokered-private-placement-2\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Golden Leaf Holdings Announces Final Closing of Non-Brokered Private Placement","datePublished":"2021-04-05T12:33:30+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/golden-leaf-holdings-announces-final-closing-of-non-brokered-private-placement-2\/"},"wordCount":791,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/golden-leaf-holdings-announces-final-closing-of-non-brokered-private-placement-2\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIxMTQxNCM0MTA1NTczIzIwOTE5NTQ=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/golden-leaf-holdings-announces-final-closing-of-non-brokered-private-placement-2\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/golden-leaf-holdings-announces-final-closing-of-non-brokered-private-placement-2\/","name":"Golden Leaf Holdings Announces Final Closing of Non-Brokered Private Placement - 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