Grown Rogue International Announces $3.0 Million Private Placement Financing
MEDFORD, Ore., Feb. 11, 2021 (GLOBE NEWSWIRE) — Grown Rogue International Inc. (“Grown Rogue” or the “Company”) (CSE: GRIN) (OTC: GRUSF), a multi-state cannabis company with operations and assets in Oregon and Michigan, is pleased to announce that it has entered into a letter of engagement with Eight Capital, pursuant to which Eight Capital, acting as sole bookrunner and agent (the “Agent”), has agreed to offer for sale, 13,350,000 Special Warrants of the Company (the “Special Warrants”), on a “best efforts” private placement basis, subject to all required regulatory approvals, at a price per Special Warrant of $0.225 (the “Issue Price”) for total gross proceeds of up to $3,003,750 (the “Offering”). Read More