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BRIEF-Organigram Announces $50 Million Bought Deal For Incremental 40,000 Kg/Year Expansion
November 28, 2017 / 12:53 PM / 16 days ago

BRIEF-Organigram Announces $50 Million Bought Deal For Incremental 40,000 Kg/Year Expansion

Nov 28 (Reuters) - Organigram Holdings Inc:

* ORGANIGRAM ANNOUNCES $50 MILLION BOUGHT DEAL FOR INCREMENTAL 40,000 KG/YEAR EXPANSION

* ORGANIGRAM HOLDINGS - ENTERED LETTER OF ENGAGEMENT WITH EIGHT CAPITAL UNDER WHICH EIGHT CAPITAL AGREED TO BUY 14.3 MILLION UNITS OF CO AT $3.50 PER UNIT​

* ORGANIGRAM HOLDINGS -TO USE PROCEEDS WITHIN NEXT 18 MONTHS TO FUND ITS EXPANSION PROGRAM TO CONSTRUCT INDOOR CANNABIS PRODUCTION FACILITIES IN CANADA​ Source text for Eikon: Further company coverage:

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