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Golden Leaf Holdings Ltd. (GLH.CN)

Canadian Sec - Canadian Sec Real Time Price. Currency in CAD
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0.03500.0000 (0.00%)
At close: 3:53PM EST
Full screen
Previous Close0.0350
Open0.0350
Bid0.0300 x 0
Ask0.0350 x 0
Day's Range0.0300 - 0.0350
52 Week Range0.0100 - 0.0350
Volume1,115,352
Avg. Volume1,811,173
Market Cap30.906M
Beta (5Y Monthly)0.29
PE Ratio (TTM)N/A
EPS (TTM)-0.0520
Earnings DateNov. 19, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est1.58
  • Golden Leaf Holdings Announces Oversubscribed Private Placement and increase in offering size
    GlobeNewswire

    Golden Leaf Holdings Announces Oversubscribed Private Placement and increase in offering size

    NOT FOR RELEASE IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICESPORTLAND, Ore., Jan. 15, 2021 (GLOBE NEWSWIRE) -- Golden Leaf Holdings Ltd. (CSE:GLH) (“Golden Leaf” or the “Company”), a premier, consumer-driven cannabis company specializing in production, processing, wholesale, distribution and retail, is pleased to announce an increase in the size of its non-brokered private placement (the “Non-Brokered Offering”) of units (“Units”), previously announced on December 21, 2020, for gross proceeds of approximately C$3 Million. Due to increased demand, the private placement will now consist of up to 133,333,333 units at a price of C$0.03 per Unit for gross proceeds of C$4 million. Each Unit is comprised of one common share of the Company (a “Common Share”) and one Common Share purchase warrant (a “Warrant”). Each Warrant is exercisable to acquire one Common Share (a “Warrant Share”) at an exercise price of C$0.06 per Warrant Share for a period of 24 months from the closing. The Units will have a hold period of four months and one day from the date of issuance. Finder's fees of 5% cash and 5% finder’s warrants, each such warrant entitling the holder to acquire one Common Share for C$0.06 for a period of 24 months, are being paid on certain subscriptions. To facilitate the increased demand, the close of this Non-Brokered Offering has been extended to January 22, 2021. Insider’s participation in the Non-Brokered Offering is expected to increase to a total of approximately C$300,000. As previously disclosed on January 12, 2021, certain directors and officers are participating by subscribing for approximately C$400,000 at a deemed issue price of C$0.05 per Unit in satisfaction of foregone 2020 compensation.The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws, and accordingly, may not be offered or sold within the United States except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities requirements or pursuant to exemptions therefrom. This press release does not constitute an offer to sell or a solicitation to buy any securities in any jurisdiction.About Golden Leaf HoldingsGolden Leaf Holdings is a premier consumer-driven cannabis company specializing in production, processing, wholesale, distribution and retail, with seven dispensaries in Portland, Oregon. The company is committed to developing a dynamic portfolio built around the recognized brands of Chalice Farms, with a focus on health and wellness. Markets served include Oregon, California, Nevada, and Washington. Visit glhmonthly.com for regular updates.Investor Relations: John Varghese Executive Chairman Golden Leaf Holdings Ltd. 971-371-2685 ir@goldenleafholdings.comNeither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.

  • Golden Leaf Holdings Provides Update Regarding Non-Brokered Private Placement including Management participation
    GlobeNewswire

    Golden Leaf Holdings Provides Update Regarding Non-Brokered Private Placement including Management participation

    NOT FOR RELEASE IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICESPORTLAND, Ore., Jan. 12, 2021 (GLOBE NEWSWIRE) -- Golden Leaf Holdings Ltd. (CSE:GLH) (“Golden Leaf” or the “Company”), a premier, consumer-driven cannabis company specializing in production, processing, wholesale, distribution and retail, is pleased to announce that it has closed an initial tranche of its non-brokered private placement (the “Non-Brokered Offering”) of units (“Units”), previously announced on December 21, 2020, for gross proceeds of approximately C$2,375,000, including $190,500 from insiders. A total of 79,166,773 Units were issued at a purchase price of C$0.03 per Unit, with each Unit comprised of one common share of the Company (a “Common Share”) and one Common Share purchase warrant (a “Warrant”). Each Warrant is exercisable to acquire one Common Share (a “Warrant Share”) at an exercise price of $0.06 per Warrant Share for a period of 24 months from the closing. The Units will have a hold period of four months and one day from the date of issuance. In connection with this initial tranche, the Company paid finder's fees in the aggregate sum of C$104,225 and issued 3,474,153 compensation warrants (the "Finders' Warrants") to certain eligible finders. Each Finders' Warrant entitles the holder to purchase one Common Share at an exercise price equal to C$0.06 per Common Share at any time up to 24 months following closing.Additionally, certain directors and officers will also be investing approximately C$400,000 in this close and will be issued 8,090,560 Units at a deemed issue price of C$0.05 using foregone 2020 compensation as consideration.The Company has received indications of further commitments in the Non-Brokered Offering which are expected to close on or before January 25, 2021.The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws, and accordingly, may not be offered or sold within the United States except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities requirements or pursuant to exemptions therefrom. This press release does not constitute an offer to sell or a solicitation to buy any securities in any jurisdiction.About Golden Leaf HoldingsGolden Leaf Holdings is a premier consumer-driven cannabis company specializing in production, processing, wholesale, distribution and retail, with seven dispensaries in Portland, Oregon. The company is committed to developing a dynamic portfolio built around the recognized brands of Chalice Farms, with a focus on health and wellness. Markets served include Oregon, California, Nevada, and Washington. Visit glhmonthly.com for regular updates.Investor Relations:John Varghese Executive Chairman Golden Leaf Holdings Ltd. 971-371-2685 ir@goldenleafholdings.comNeither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.

  • Golden Leaf Announces Non-Brokered Private Placement of Up To C$3,000,000
    GlobeNewswire

    Golden Leaf Announces Non-Brokered Private Placement of Up To C$3,000,000

    NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATESPORTLAND, Ore., Dec. 21, 2020 (GLOBE NEWSWIRE) -- Golden Leaf Holdings Ltd. (CSE: GLH) (“GLH” or the “Company”) announced today a proposed non-brokered private placement (the “Financing”) of up to 100,000,000 units ("Units") priced at C$0.03 per Unit for aggregate gross proceeds of up to C$3,000,000. Each Unit will be comprised of one common share of the Company (a “Common Share”) and one full common share purchase warrant (each whole warrant, a “Warrant”). Each whole Warrant will entitle the holder to purchase one Common Share (a “Warrant Share”) at an exercise price of C$0.06 for a period of 24 months from the date of issuance thereof. The proceeds of the Offering will be used by the Company for general corporate purposes and for retail store acquisitions. The Financing is expected to close within 2 weeks. Insiders of the Company are expected to participate in the Financing for an aggregate amount of up to approximately C$500,000. Pursuant to Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101”), the Financing constitutes a “related party transaction” to the extent that insiders of the Company subscribe for Units. The Company is relying on exemptions from the formal valuation and minority approval requirements of MI 61-101, specifically: (i) the valuation requirement of MI 61-101 by virtue of the exemption contained in Section 5.5(b), as the Common Shares are not listed on a market specified in MI 61-101, and (ii) the minority shareholder approval requirement of MI 61-101 by virtue of the exemption contained in Section 5.7(1)(a) of MI 61- 101, as the fair market value of the Units being issued to insiders will not exceed 25% of the Company’s market capitalization (as determined under MI 61-101). A material change report is not expected to be filed by the Company 21 days before the closing of the Financing as the details of the Financing and insider participation are only now being determined and the Company is seeking to close the Financing expeditiously. In the view of the Company, this was reasonable in the circumstances because the Company wishes to complete the Financing as soon as possible. The Financing was approved by all of the independent directors of the Company.Units issued in connection with the Financing to persons subject to Canadian securities laws will be subject to a statutory hold period of four months plus one day from the applicable closing date and Units issued in connection with the Financing to persons subject to United States securities laws will be subject to a hold periods under such laws.The securities offered have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any U.S. state securities laws, and may not be offered or sold in the United States or to United States persons absent of registration, or the availability of any applicable exemption from the registration requirement, of the U.S. Securities Act and applicable U.S. state securities laws. This release shall not constitute an offer to sell, or a solicitation of an offer to buy, securities in the United States, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.About Golden Leaf HoldingsGolden Leaf Holdings is a premiere consumer-driven cannabis company specializing in production, processing, wholesale, distribution and retail, with 7 dispensaries in Portland, Oregon. The company is committed to developing a dynamic portfolio built around the recognized brands of Chalice Farms, with a focus on health and wellness. Markets served include Oregon, California, Nevada and Washington. Visit glhmonthly.com for regular updates.Investor Relations:John Varghese Executive Chairman Golden Leaf Holdings Ltd. 971-371-2685 ir@goldenleafholdings.comNeither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.