Business
Maple Leaf Green World Inc. - Financing oversubscribed
Maple Leaf Green World Inc. - Financing oversubscribed Maple Leaf Green World Inc....
About this update from Maple Leaf Green World, Inc.
[{"type":"text","content":"\n\n\n\nMaple Leaf Green World Inc. - Financing oversubscribed\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n.prntaj{\nTEXT-ALIGN: JUSTIFY\n}\n\n\n\n\n\n\nMaple Leaf Green World Inc. - Financing oversubscribed\nCanada NewsWire\nCALGARY, May 19, 2016\n\n\n\n(TSX-V: MGW)\n\nMay 19, 2016 – $0.125\n\n\n\nCALGARY, May 19, 2016 /CNW/ - Maple Leaf Green World (MGW-V) (\"Maple Leaf\" or the \"Company\") announces that its previously announced private placement of units (see news release dated April 19, 2016) has been oversubscribed. The Company has received subscriptions for 6,000,000 Units at a subscription price of $0.10 per Unit, for total gross proceeds of $600,000 and it has applied to the TSX Venture Exchange for final acceptance of the offering.  Upon receipt of final acceptance from the Exchange, the Company will complete the offering and issue the required news release confirming the closing. Each offered unit consists of one common share and one common share purchase warrant exercisable for two years from the date of closing at a price of $0.15. The strong interest from investors and the additional funds raised in the offering will help Maple Leaf deal with, among other things, the impact of the high US dollar on its operations.  \n\nFor further information regarding Maple Leaf Green World Inc., please visit the www.mlgreenworld.com. The website has been updated with photos for the latest development of both MJ projects.\n\nAbout Maple Leaf Green World Inc.\n\nMaple Leaf is a Canadian company that focuses in the agricultural/environmental industry with four main areas of activity:\n\n\nCanadian MMPR - It pursues opportunities within the medical cannabis industry. If and when a MMPR license is obtained and through an agreement to lease a greenhouse facility with Woodmere Nursery Ltd., it will become a Canadian producer. It is currently seeking Canadian MMPR licensed producer status to grow medical cannabis in Canada for domestic consumption and export to approved countries.\nCalifornia Project – It pursues opportunitie...