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MPX Bioceutical closes oversubscribed private placement offering of $28.8 million
On January 15, 2018, MPX Bioceutical Corporation (CSE: MPX) (OTC:MPXEF), a multinational diversified cannabis company, successfully closed the second and final tranche of its previously announced private placement offering of units, for total gross proceeds of approximately $28.8 million.
Echelon Wealth Partners Inc. and Canaccord Genuity Corp. acted as co-lead agents and Chrystal Capital Partner LLP acted as special selling agent. The agents exercised in part the over-allotment option for additional units.
Gowling WLG advised the agents with respect to this private placement with a team that included Andre Poles, Marek Lorenc, David Torchetti and Stephen Franchetto.
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