ROCK CREEK, BC, Jan. 19, 2021 /CNW/ – BZAM Holdings Inc. (“BZAM“), an integrated cultivator and producer of cannabis and cannabis products incorporated under the laws of British Columbia, announces that on January 18, 2021, BZAM sold 1,500,000 common shares (the “Common Shares“) of Speakeasy Cannabis Club Ltd. (“Speakeasy“) at a price of $0.50 per Common Share (the “January 18 Sale“) for aggregate gross sale proceeds of $750,000 through the facilities of the Canadian Securities Exchange.
Immediately prior to the January 18 Sale, BZAM held a total of 14,713,847 Common Shares, representing approximately 12.50% of the issued and outstanding Common Shares on a non-diluted basis, and 11,003,847 Warrants, which, when aggregated with the Common Shares held by BZAM, represented approximately 19.98% of the issued and outstanding Common Shares on a partially diluted basis.
As of January 18, 2021, following the January 18 Sale, BZAM held a total of 13,213,847 Common Shares, representing approximately 11.23% of the issued and outstanding Common Shares on a non-diluted basis, and 11,003,847 Warrants, which, when aggregated with the Common Shares BZAM now holds, represents approximately 18.81% of the issued and outstanding Common Shares on a partially diluted basis.
The security holding percentages of BZAM described above are calculated using the outstanding total Common Shares as…
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ROCK CREEK, BC, Jan. 19, 2021 /CNW/ – BZAM Holdings Inc. (“BZAM“), an integrated cultivator and producer of cannabis and cannabis products incorporated under the laws of British Columbia, announces that on January 18, 2021, BZAM sold 1,500,000 common shares (the “Common Shares“) of Speakeasy Cannabis Club Ltd. (“Speakeasy“) at a price of $0.50 per Common Share (the “January 18 Sale“) for aggregate gross sale proceeds of $750,000 through the facilities of the Canadian Securities Exchange.
Immediately prior to the January 18 Sale, BZAM held a total of 14,713,847 Common Shares, representing approximately 12.50% of the issued and outstanding Common Shares on a non-diluted basis, and 11,003,847 Warrants, which, when aggregated with the Common Shares held by BZAM, represented approximately 19.98% of the issued and outstanding Common Shares on a partially diluted basis.
As of January 18, 2021, following the January 18 Sale, BZAM held a total of 13,213,847 Common Shares, representing approximately 11.23% of the issued and outstanding Common Shares on a non-diluted basis, and 11,003,847 Warrants, which, when aggregated with the Common Shares BZAM now holds, represents approximately 18.81% of the issued and outstanding Common Shares on a partially diluted basis.
The security holding percentages of BZAM described above are calculated using the outstanding total Common Shares as…
