NetworkNewsBreaks – Eat Well Investment Group In
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Eat Well Investment Group (CSE: EWG) (OTC: EWGFF) today announced that it has closed a strategic investment from Nurture Healthy Food LLP, a wholly owned subsidiary of Nurture Capital LLC, on a non-brokered private placement basis for gross proceeds of $5,017,999.50. Per the strategic investment, the company issued 6,690,666 units, each at a price of $0.75, with each unit comprised of one common share of the company and one half of one common share purchase warrant at an exercise price of $1.00 per share, exercisable for 36 months after closing of the offering. “Our partnerships form an integral component of our overall growth strategy; we are pleased to receive this strategic investment from Nurture Healthy Food, which helps accelerate our international growth and sets the stage for further collaboration,” said Marc Aneed, CEO and director of Eat Well Group. “Nurture Healthy Food shares our vision in driving forward sustainable and nutritious CPG products and brands that form the basis of the next generation of household names.”
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