Nutritional High Announces Closing of $0.05 Private Placement
(firmenpresse) - TORONTO, ONTARIO -- (Marketwired) -- 12/04/15 -- Nutritional High International Inc. (the "Company" or "Nutritional High") (CSE: EAT)(OTCQB: SPLIF) is pleased to announce the closing of a non-brokered private placement (the "Offering"), consisting of 4,200,000 units ("Unit") for aggregate gross proceeds of $210,000.
Each Unit is comprised of one (1) common share of the company (a "Common Share") and one half (1/2) Common Share purchase warrant ("Warrant"). Each whole Warrant entitles the holder thereof to purchase one Common Share at a price of $0.07 per Common Share for a period of 18 months after the Closing Date.
All securities issued pursuant to the private placement will be subject to a four month hold period under Canadian securities laws.
The Company paid cash finder''s fees equal to $800 and issued 16,000 finder''s warrants ("Finder''s Warrants"). Each Finder''s Warrant is exercisable into Units at a price of $0.05 per Unit for a period of 18 months from the closing date.
The securities offered will not be registered under the U.S. Securities Act of 1933, as amended, or any state securities laws, and may not be offered or sold in the United States absent registration or an exemption from the registration requirements.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.
About Nutritional High International Inc.
Nutritional High is focused on developing, acquiring and designing products and brands in the hemp and marijuana-infused edible products and oil extracts sectors for medical and adult recreational use. The Company works exclusively in jurisdictions where such activity is permitted and regulated by state law, through entities that hold a valid license to produce marijuana-infused edible products and to distribute, and dispense marijuana products.
For updates on the edibles industry and highlights of the Company''s press releases and other media coverage, please follow Nutritional High on , , and .
NEITHER THE CANADIAN SECURITIES EXCHANGE NOR OTC MARKETS GROUP INC, NOR ITS REGULATIONS SERVICES PROVIDER HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
This news release may contain forward-looking statements and information based on current expectations. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Such statements include submission of the relevant documentation within the required timeframe and to the satisfaction of the relevant regulators, completing the acquisition of the applicable real estate and raising sufficient financing to complete the Company''s business strategy. There is no certainty that any of these events will occur. Although such statements are based on management''s reasonable assumptions, there can be no assurance that such assumptions will prove to be correct. We assume no responsibility to update or revise them to reflect new events or circumstances.
The Company''s securities have not been registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act"), or applicable state securities laws, and may not be offered or sold to, or for the account or benefit of, persons in the United States or "U.S. Persons", as such term is defined in Regulation S under the U.S. Securities Act, absent registration or an applicable exemption from such registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in the United States or any jurisdiction in which such offer, solicitation or sale would be unlawful.
Additionally, there are known and unknown risk factors which could cause the Company''s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information contained herein. All forward-looking information herein is qualified in its entirety by this cautionary statement, and the Company disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events or developments, except as required by law.
Contacts:
Nutritional High International Inc.
David Posner
CEO
(647) 985-6727
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Datum: 04.12.2015 - 08:05 Uhr
Sprache: Deutsch
News-ID 1402457
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