ALEAF - Aleafia Health closes ~$5.6M private placement

Aleafia Health (OTCQX:ALEAF) closed an ~$5.6M private placement, as part of which an aggregate of 68,151,515 units were issued at $0.0825 per unit. Each unit consisted of 1 common share and one-half of 1 common share purchase warrant. Each warrant is exercisable into 1 common share at $0.1025 until Jun. 24, 2026. The net proceeds from the private placement will be used to fund working capital and capital expenditures for the company's continued growth, and other general corporate purposes. Source: Press Release

For further details see:

Aleafia Health closes ~$5.6M private placement