Plus Products (CSE: PLUS) (OTCQB: PLPRF), a leading
cannabis branded products company in California, on Wednesday announced its
entry into an agreement with a certain arm’s length party with respect to the
settlement of USD$1,044,806.03 owing or to be owing to such creditor for
services rendered. Plus Products has agreed, as payment in full of such amount,
to issue to the creditor or its assignee 318,471 units of the company, each at
a deemed price of CAD$4.32. Each unit consists of one subordinate voting share
in the capital of the company and one warrant. Until five years from the date
of the grant, each warrant will entitle the holder to subscribe for one
additional share at a price of CAD$4.32 per share.
To view the full press release, visit http://ibn.fm/aZjGN
About Plus Products Inc.
Plus Products is a California edibles company focused on
using nature to bring balance to consumers lives. PLUS’s mission is to make
cannabis safe and approachable; that mission begins with high-quality products
that deliver consistent consumer experiences. PLUS Gummies and PLUS Mints are
manufactured at PLUS’s own factory in Adelanto, California, with strict
internal and external testing to ensure accurate consistent dosage. PLUS is
headquartered in San Mateo, California, with 80 employees. For more
information, visit the company’s website at www.PlusProducts.com.
NOTE TO INVESTORS: The latest news and updates
relating to PLPRF are available in the company’s newsroom at http://ibn.fm/PLPRF
About QualityStocksNewsBreaks
QualityStocksNewsBreaks provide
a rapid summary of corporate news that catch the attention of QualityStocks.
QualityStocksBreaks are designed to keep investors up to date on important and
breaking news in the small-cap and micro-cap markets. Spanning all industries,
including energy, entertainment, telecommunications, healthcare, retail and
more, these news breaks deliver opportunities the investment community may have
missed. Whether it is earnings results, mergers and acquisitions, or any other
market-moving news, our news breaks keep you in the know. QualityStocks is
committed to connecting subscribers with companies that have huge potential to
succeed in the short and long-term future. It is part of our mission statement
to help the investment community discover emerging companies that offer
excellent growth potential.
QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
Please see full terms of use and disclaimers on the
QualityStocks website applicable to all content provided by QS, wherever
published or re-republished: http://www.qualitystocks.net/disclaimer.php
No comments:
Post a Comment