Stocks in play: Emerald Health Therapeutics, Inc.
Has entered into a binding term sheet with certain institutional accredited investors under which the Investors have agreed, subject to certain customary conditions, to purchase 10,344,827 units of Emerald at a price of $0.29 per Unit for total gross proceeds of $3,000,000. These Units will represent the remainder of the financing previously announced on December 16, 2019, however the securities to be issued under the Offering will be offered by way of a shelf prospectus supplement to be filed in all of the provinces of Canada pursuant to National Instrument 44-102 – Shelf Distributions and will not be subject to a hold period. Emerald Health Therapeutics, Inc. shares V.EMH are trading unchanged at $0.31.
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