Cannasouth Rights Issue Offer Document

Cannasouth Limited (NZX:CBD) announced its intention to launch a 1 for 10 pro-rata renounceable rights issue to raise up to circa $4.1 million ("Rights Offer”) on Friday 12th August 2022.

The Rights to acquire new shares in CBD will be quoted on the NZX Main Board from today under ticker code “CBDRA”.

The Rights Issue Offer Document is attached with this market announcement. The Offer Document, together with a Letter of Entitlement and Acceptance Form, will be sent to all eligible shareholders on Tuesday, 23 August 2022.

-ENDS-


For further information visit www.cannasouth.co.nz or contact:

Mark Lucas
CEO / Executive Director
Email: [email protected]
Mobile: 021 484 649

Colin Foster
CFO / Company Secretary
Email: [email protected]
Mobile: 027 577 1498

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Announcement PDF