PlantX completes oversubscribed non-brokered private placement of units

1 minute read
17 February 2022

On February 17, 2022, PlantX Life Inc. (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF) ("PlantX" or the "Company") announced that it had completed an oversubscribed non-brokered private placement of units for approximate aggregate gross proceeds of $5,491,150, which included proceeds from the exercise of the Company's over-allotment. 

PlantX, headquartered in Vancouver, is the digital face of the plant-based community. The Company's platform is the one-stop-shop for everything plant-based. With its fast-growing category verticals, PlantX offers customers across North America more than 5,000 plant-based products. 

Gowling WLG was counsel to PlantX with respect to this private placement with a team that included Peter Simeon, Josh Almario, Adam Sherman and Blair Somerville (corporate/securities). 

NOT LEGAL ADVICE. Information made available on this website in any form is for information purposes only. It is not, and should not be taken as, legal advice. You should not rely on, or take or fail to take any action based upon this information. Never disregard professional legal advice or delay in seeking legal advice because of something you have read on this website. Gowling WLG professionals will be pleased to discuss resolutions to specific legal concerns you may have.