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SIMPLY SOLVENTLESS ANNOUNCES CLOSING OF PREVIOUSLY ANNOUNCED CONVERTIBLE DEBENTURE FINANCING FOR GROSS PROCEEDS OF $6.0 MILLION & PROVIDES UPDATE ON CLOSING OF DELTA 9 BIO-TECH ACQUISITION

Newswire.ca - Thu Feb 13, 2025

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CALGARY, AB, Feb. 13, 2025 /CNW/ - Simply Solventless Concentrates Ltd. (TSXV: HASH) ("SSC" or the "Company") is pleased to announce that it has closed the previously announced non-brokered financing (the "Offering") (see Offering announcement) of secured convertible debenture units (the "Debenture Units") for gross proceeds of $6.0 million, inclusive of a $1.0 million oversubscription.  $375,000 of the Offering was subscribed by insiders. SSC also wishes to provide an update on the timing of closing for the Delta 9 Bio-Tech ("Bio-Tech") acquisition (see Bio-Tech acquisition announcement).  

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