Shiny Health & Wellness Extends Private Placement
TORONTO – Shiny Health & Wellness Corp. (TSXV: SNYB) announces today that the it has received approval from the TSX Venture Exchange (“TSXV”) to extend the closing of its previously announced non-brokered private placement financing of units (each, a “Unit”) at a price of $0.10 per Unit (the “Offering”) to December, 1, 2023. The Company closed a first tranche of the Offering on October 4, 2023 (the “First Tranche”) and anticipates that the second and final tranche closing will occur on or before December 1, 2023. For more information on the Offering and the First Tranche, please see the Company’s press release dated October 4, 2023. The Company intends to use the net proceeds of the Offering for general working capital requirements, including to advance the Company’s cannabis line of business performance by increasing store inventory, new store build-outs, plus acquisitions. The closing of the Offering is subject to receipt of all necessary regulatory approvals including the...