Cannasouth has successfully completed the Oversubscription Bookbuild component of its 1 for 10 pro rata renounceable rights offer, raising a total of $3,180,219.
5,537,736 new shares are to be issued at an Oversubscription Price of $0.30 and are expected to be allotted, settled and traded on or before 14 September 2022.
The Chair and Managing Director have thanked the shareholders and investors for their continuous support.
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