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Sunniva Announces Closing Of Second Tranche Of Debt Financing For Additional Gross Proceeds Of USD $6,000,000
Sunniva Announces Closing Of Second Tranche Of Debt Financing For Additional Gross Proceeds Of USD $6,000,000.
About this update from Sunniva Inc
[{"type":"text","content":"\n\n\n\nSunniva Announces Closing Of Second Tranche Of Debt Financing For Additional Gross Proceeds Of USD $6,000,000\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.prngen2{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: TOP; BORDER-BOTTOM:black 0pt; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prngen3{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 0pt; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prntblns{\nBORDER-TOP: 1pt; BORDER-RIGHT: 1pt; BORDER-COLLAPSE: collapse; BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt\n}\n.prntar{\nTEXT-ALIGN: RIGHT\n}\n.prnsblb0{\nBORDER-LEFT:black 0pt\n}\n.prnvab{\nVERTICAL-ALIGN: BOTTOM\n}\n.prnpl6{\nPADDING-LEFT:0.50em\n}\n.prnrbrb0{\nBORDER-RIGHT:black 0pt\n}\n.prnpr6{\nPADDING-RIGHT:0.50em\n}\n.prnsbtb0{\nBORDER-TOP:black 0pt\n}\n\n\n\n\n\n\nSunniva Announces Closing Of Second Tranche Of Debt Financing For Additional Gross Proceeds Of USD $6,000,000\nCanada NewsWire\nVANCOUVER, British Columbia, Oct. 15, 2019\n\n\n\nNot for Dissemination in the United States or for Distribution to U.S. Newswire Services\n VANCOUVER, British Columbia, Oct. 15, 2019 /CNW/ -- Sunniva Inc. (\"Sunniva\", the \"Company\", \"we\", \"our\" or \"us\") (CSE: SNN) (OTCQB: SNNVF), a North American provider of cannabis products and services, announces that it has closed the second tranche of the Company's non-brokered private placement (the Offering\"), previously announced on August 28, 2019, of USD $6,000,000 for a total of 6,000,000 units of the Company (\"Units\") bringing total gross proceeds raised by the Offering to USD $7,500,000 for a total of 7,500,000 Units. Each Unit consists of a principal amount of unsecured promissory notes of the Company (\"Promissory Notes\") and common share purchase warrants of the Company (\"Warrants\"). \n\n \n \n\n \nProceeds of the Offering will be used towards the payment of capital costs at the Sunniva California Campus, including payments to the Sunniva Production Campus, LLC, working capital for operations in California, and gener...