NetworkNewsBreaks – Eat Well Investment Group In
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Eat Well Group (CSE: EWG) (OTC: EWGFF) CEO Marc Aneed was interviewed during a recent Power Play by the Market Herald interview. Interviews for the Power Play by the Market Herald spotlight interviews with company executives about their latest news, and in this case, Power Play host Shoran Devi sat down with Aneed to talk about the company’s recent private placement. During the interview, Aneed explained that Eat Well Group has closed a nonbrokered private placement with Nurture Healthy Food LLP for gross proceeds of more than $5 million. As part of the private placement, Eat Well issued 6,690,666 units at a price of $0.75 per unit. Aneed noted that each unit included one common share and one-half of one common share purchase warrant. Eat Well intends to use the proceeds of the offering for mergers and acquisitions, as well as general working capital.
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