Business
Future Farm Raises Over $2.5 Million Through Voluntary Warrant and Option Exercises
Future Farm Raises Over $2.5 Million Through Voluntary Warrant and Option Exercises.
About this update from Future Farm Technologies Inc
[{"type":"text","content":"\nVancouver, BC , Jan. 17, 2018 (GLOBE NEWSWIRE) -- \n\n Future Farm Technologies Inc. (the “Company” or “Future Farm”) (CSE: FFT) (OTCQB: FFRMF) is pleased to announce that $2,553,092 has been raised to date through the voluntary conversion of both its $0.35 and $0.37 warrants and through the exercise of options. The $0.35 per share warrants expired on January 11, 2018, however Shareholders may still convert their $0.37 per share warrants into Future Farm’s common stock until March 7, 2018. Shareholders wishing to exercise their warrants are asked to contact the Company by following the instructions below: Enquiries by email: Belinda Tyldesley at [email protected] Original Warrant Exercise Forms and payment by way of certified cheque or bank draft payable to “Future Farm Technologies Inc.” should be delivered to  #510-580 Hornby Street, Vancouver, BC V63 3B6 or by wire transfer in Canadian funds to Future Farm Technologies Inc.  Wire instructions will be provided upon request. On behalf of the Board,  Future Farm Technologies Inc.  William Gildea, CEO & Chairman About Future Farm Future Farm Technologies Inc. is a Canadian company with projects throughout North America including California, Florida and Maryland. The Company’s business model includes developing and acquiring technologies that will position it as a leader in the evolution of Controlled Environment Agriculture (CEA) for the global production of various types of plants, with a focus on cannabis. Future Farm provides scalable, indoor CEA systems that utilize minimal land, water and energy regardless of climate, location or time of year and are customized to grow an abundance of crops close to consumers, therefore minimizing food miles and its impact to the environment. The Company holds an exclusive, worldwide license to use a patented vertical farming technology that, when compared to traditional plant production methods, generates yields up to 10 times greater per square foot of land.  The contained system provides many other benefits including 90% less water, fertilizer and land used, less travel costs, seed to sale security, scalability, consistency due to year-round production, cost control, product safety and purity by...