Business
PrimaryBid.com Offer
PrimaryBid.com Offer.
About this update from Chill Brands Group Plc
[{"type":"text","content":"\n \nRNS Number : 3495T Highlands Natural Resources PLC 19 March 2019 \n\nTHIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014.\n \nTHIS ANNOUNCEMENT IS FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE OR FORM PART OF ANY OFFER OR INVITATION TO SELL OR ISSUE, OR ANY SOLICITATION OF AN OFFER TO PURCHASE OR SUBSCRIBE FOR, ANY SECURITIES OF HIGHLANDS NATURAL RESOURCES PLC.\n \nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO, OR TO ANY PERSON LOCATED OR RESIDENT IN, ANY JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS ANNOUNCEMENT.\n \nTHIS ANNOUNCEMENT AMOUNTS TO A FINANCIAL PROMOTION FOR THE PURPOSES OF SECTION 21 OF THE FINANCIAL SERVICES AND MARKETS ACT 2000 (\"FSMA\") AND HAS BEEN APPROVED BY PRIMARYBID LIMITED WHICH IS AUTHORISED AND REGULATED BY THE FINANCIAL CONDUCT AUTHORITY (FRN 779021)\n \n19 March 2019\n \nHighlands Natural Resources plc\n(\"Highlands\" or the \"Company\") (LSE: HNR.L)\n \nPrimaryBid.com Offer\nFundraising to establish an organic cannabidiol operation\n \n \nAt 4.30 p.m. on 19 March 2019, Highlands, the London-listed natural resources company, issued an announcement through RNS (the \"Announcement\") of a fundraising to raise a minimum of £1.27 million via a subscription for ordinary shares of 1 pence each and an offer for ordinary shares via PrimaryBid.com (the \"Offer\") at a price of 8.5 pence (the \"Issue Price\"), being a discount of approximately 20.9% per cent to the closing mid-price on 18 March 2019. \n \nThe funds raised by way of the Offer will be used to establish an organic, vertically integrated cannabidiol (\"CBD\") operation in Colorado, in the United States, through a newly established and wholly-owned Highlands subsidiary, Zoetic Organics, further details of which are set out in the Announcement which should be read in its entirety.\n \nOffer\n \nThe Company values its retail investor base and is therefore pleased to provide private and other investors the opportunity to participate in the Offer by applying exclusively through the www.PrimaryBid.com platform and the PrimaryBid mobile app available on the Apple App Store and Google Play. PrimaryBid does not charge investors any commission for this...