Plus Products (CSE: PLUS) (OTCQX: PLPRF), a leading
cannabis branded products company in California, this morning announced the
completion of the debt transaction previously announced by Plus on September 11
concerning the issuance of units consisting of subordinate voting shares and
warrants in exchange for the settlement of certain debt. In accordance with an
escrow agreement ancillary to the debt transaction, 50% of the issued shares
will be held in escrow until specific conditions detailed in the agreement are
met. Per the previous announcement regarding the transaction, all securities
issued are subject to a statutory four-month hold period.
To view the full press release, visit http://ibn.fm/xU5j6
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 begins with high-quality products that
deliver consistent consumer experiences. PLUS is headquartered in San Mateo, CA
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