Notification of Issue of Securities

Please find attached the Capital Change Notice regarding the issue of ordinary shares.

This notice relates to CBD's recent Rights Issue and Oversubscription Bookbuild Capital Raise Offer that raised a total of $3,180,186 through the issue of 10,600,621 new ordinary fully paid shares.

The final allotment report confirms the below breakdown:

Entitlement Shares
5,062,994 @ $0.30 cents

Oversubscription Bookbuild Shares
5,537,627 @ $0.30 cents

Total Funds Raised
$3,180,186

-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