VANCOUVER, British Columbia–(BUSINESS WIRE)–Greenlane Renewables (TSX-V:GRN) (“Greenlane”) today announced that over the course of the last two weeks the company has received $4.5 million in gross proceeds from the exercise of 7,303,000 share purchase warrants, which entitled the warrant holders the right to purchase common shares of Greenlane at either $0.26 or $0.70.
“The warrant exercises strengthen our balance sheet and show a vote of confidence in Greenlane’s business model and our future growth prospects”
As a reminder, the Company issued share purchase warrants in connection with its financing that closed June 3, 2019, ...
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Greenlane Renewables Announces Exercise of Warrants for Gross Proceeds of $4.5 Million