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Ionic Brands ([[IONKF]] +17.3%) is undertaking a non-brokered private placement of up to 52.63M units at C$0.19/unit for gross proceeds of up to ~C$10M.Each Unit will consist of one common share and one share purchase warrant which will entitle the holder to acquire one additional share at C$0.30/share.Proceeds to be used for general corporate and expansion purposes.