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CALGARY, AB, Feb. 3, 2025 /CNW/ - Simply Solventless Concentrates Ltd. (TSXV: HASH) ("SSC") is pleased to announce that due to very strong demand it intends to over subscribe the previously announced non-brokered secured convertible debenture unit ("Debenture Unit") financing from $5.0 million to $6.0 million (the "Offering") (see Debenture Unit financing announcement). $375,000 of the Offering is being subscribed by insiders. SSC is pleased to also announce that it has received approval from the Court of King's Bench of Alberta pursuant to Delta 9 Cannabis Inc.'s proceedings under the Companies' Creditors Arrangement Act, to complete the acquisition of Delta 9 Bio-Tech ("Bio-Tech") as previously announced on December 30, 2024 (see Bio-Tech acquisition announcement). SSC anticipates closing the strategic acquisition of Bio-Tech on or about February 7, 2025.
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