Decibel Cannabis Raises $1.18M, Secures Capital For AgMedica BioScience Integration
Decibel Cannabis Company Inc. (TSXV:DB) (OTCQB:DBCCF) has completed the second and final closing of its previously announced non-brokered private placement of its common shares at $0.06 per common share.
What Happened
The company said on Monday that, at the second closing of the offering, it issued 19,647,776 common shares for gross proceeds of roughly $1,178,867.
The second closing was in addition to the previously announced first closing in November when Decibel issued 33,503,864 common shares for gross proceeds of approximately $2,010,232.
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