RMANF - Roadman Closes Private Placement
(TheNewswire)
Vancouver, BritishColumbia - TheNewswire - Mar 1, 2021 - RoadmanInvestments Corp. (TSXV:LITT) (FWB:1QD) (OTC:RMANF) ("RoadmanInvestments'' or the "Company") is pleased to announce thatit has closed its previously announced private placement. Roadmanhas issued (i) 20,000,000 shares of the Company (the “ Share ”) foraggregate gross proceeds of up to $600,000 and priced at $0.03 perShare.
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 InvestmentsCorp.
Roadman Investments is a Canadian Venture Capital and Advisory Firmthat strives to actively drive innovation and accelerate growth withinits portfolio holdings.
For more information, pleasecontact:
Luke Montaine CEO,
Director Roadman Investments Corp.
Neither the TSX Venture Exchange nor its Regulation Services Provider(as that term is defined in the policies of the TSX Venture Exchange)accepts responsibility for the adequacy or accuracy of this release.
This press release contains "forward-looking statements"within the meaning of applicable securities laws. Forward-lookingstatements can be identified by any statements that express or involvediscussions with respect to predictions, expectations, beliefs, plans,projections, objectives, assumptions or future events or performance(often, but not always, using words or phrases such as"expects" or "does not expect", "isexpected", "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 to operate, specifically,the necessary licenses and approvals to open any such facilities inCalifornia or the United States of America.
Forward-looking statements are neither historical facts nor assurancesof future performance. Instead, they are based only on our currentbeliefs, expectations and assumptions regarding the future of ourbusiness, future plans and strategies, projections, anticipated eventsand 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 this release.
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