$LAGBF announced a second tranche closing of its it non-brokered private placement (the "Private Placement"
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. The second tranche closing consisted of the issuance of 5,537,800 units at a price of $0.25 per unit for gross proceeds of $1,384,450. Laguna oversubscribed the private placement for a total of $1,791,250. Each unit consists of one common share and one share purchase warrant, each warrant entitling the holder to acquire one additional common share of the Company at a price of $0.40 per warrant share for a period of twelve months.
https://finance.yahoo.com/news/laguna-blends-...00677.html
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