RMANF - Roadman Announces Increase in Private Placement
(TheNewswire)
Vancouver, British Columbia - TheNewswire — February 19,2021 — Roadman Investments Corp. (TSXV:LITT)(FWB:1QD) (OTC:RMANF) ("Roadman Investments'' or the"Company") a Canadian Venture Capital and Advisory Firm, is very pleased to announces that due to investor demand it has increased thesize of its private placement previously announced on January 19,2021. Roadman now proposes to issue up to (i) 20,000,000 shares ofthe Company (the “ Share ”) for aggregate gross proceeds of upto $600,000 and priced at $0.03 per Share.
The proceeds of the Offering will be used for generalworking capital and general corporate expenditure purposes. All thesecurities issued will be subject to a four-month hold period.
About ROADMAN
Roadman Investments is a Canadian Venture Capital andAdvisory Firm that strives to actively drive innovation and accelerategrowth within its portfolio holdings. Roadman looks for companies andinvestments that offer breakthrough products, devices, treatments andhealth supplements with a focus on health and wellness.
For more information, pleasecontact:
Luke Montaine CEO,
Director Roadman Investments Corp.
Neither the TSX Venture Exchange nor its RegulationServices Provider (as that term is defined in the policies of the TSXVenture Exchange) accepts responsibility for the adequacy or accuracyof this release.
This press release contains "forward-lookingstatements" within the meaning of applicable securities laws.Forward-looking statements can be identified by any statements thatexpress or involve discussions with respect to predictions,expectations, beliefs, plans, projections, objectives, assumptions orfuture events or performance (often, but not always, using words orphrases such as "expects" or "does not expect","is expected", "anticipates" or "does notanticipate", "plans", "estimates" or"intends", or stating that certain actions, events orresults "may", "could", "would","might" or "will" be taken, occur or be achieved),and variations of such words, and similar expressions are notstatements of historical fact and may be forward-looking statements.Examples of forward-looking statements include, among others,statements we make about the Company, its subsidiaries or otherCompany's that the Company has invested in or is otherwise affiliatedwith, regarding planned research and development activities, financingarrangements, investment strategies, returns on investments,contractual obligations including but not limited to obligations topurchase materials or meet sales milestones, strategy for customerretention, growth, product development, market position, financialresults and reserves, other statements relating to the financial andbusiness prospects, management's ability it identify and evaluateinvestments, management's ability to obtain the necessary funding orobtain the necessary licenses and approvals tooperate, specifically, the necessary licenses and approvals to openany such facilities in California or the United States of America.
Forward-looking statements are neither historical factsnor assurances of future performance. Instead, they are based only onour current beliefs, expectations and assumptions regarding the futureof our business, future plans and strategies, projections, anticipatedevents and trends, the economy and other future conditions. Becauseforward-looking statements relate to the future, they are subject toinherent uncertainties, risks and changes in circumstances that aredifficult to predict and many of which are outside of our control. Ouractual results and financial condition may differ materially fromthose indicated in the forward-looking statements. Therefore, youshould not rely on any of these forward-looking statements. Importantfactors that could cause our actual results and financial condition todiffer materially from those indicated in the forward-lookingstatements include, among others, the following: economic andfinancial conditions, including volatility in interest and exchangerates, commodity and equity prices and the value of financial assets,continued volatility in the capital or credit markets the adequacy ofour cash flow to fund the operations of the Company or its affiliates,strategic actions, including acquisitions and dispositions and oursuccess in evaluating acquired businesses and our success indeveloping the businesses underlying these acquisitions, theoccurrence of hostilities, political instability or catastrophicevents, changes in customer demand, the extent to which we aresuccessful in gaining new long-term relationships with customers orretaining existing ones and the level of service failures that couldlead customers to use competitors' services, developments and changesin laws and regulations, including increased regulation of themedical, health and wellness industries through legislative action andrevised rules and standards applied by the international medical,pharmaceutical, health and wellness regulatory bodies, changes in theprice of inventory and other key materials and disruptions in supplychains for these materials, closures or slowdowns and changes incontracted service provider costs and labor difficulties, includingstoppages affecting either our operations or our service providersabilities to conduct research and develop and produce products,management's ability to operate our business models, availability offinancing to provide sufficient working capital maintain the businessas a going concern, availability of financing to fund the Company's orit is subsidiaries business operations, including but not limited to,meeting the Company's obligations under the agreement with Psychedelicinsights, compliance and approvals under the appropriate State andFederal laws and other factors as discussed in the Company's filingswith Canadian securities regulators, which are available atwww.sedar.com. Investors are cautioned that forward-looking statementsare not guarantees of future performance or events and, accordinglyare cautioned not to put undue reliance on forward-looking statementsdue to the inherent uncertainty of such statements. Theforward-looking statements included in this news release are made asof the date hereof and the Company disclaims any intention orobligation to update or revise any forward-looking statements, whetheras a result of new information, future events or otherwise, except asexpressly required by applicable securities legislation. This news isnot for dissemination in the United States of America.
Neither the TSXVenture Exchange nor its Regulation Services Provider (as that term isdefined in the policies of the TSX Venture Exchange) acceptsresponsibility for the adequacy or accuracy of thisrelease.
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