News Release
MYM Announces Closing of Second Tranche of Non-Brokered Financing
Vancouver, B.C., November 6, 2017 – MYM Nutraceuticals Inc., (CSE: MYM) (the “Company” or “MYM”) is pleased to announce that it has closed the second and final tranche of its non-brokered private placement of 771,000 units at a price of $0.50 per unit for gross proceeds of $385,500.
Each unit in the private placement is made up of one common share and one transferable share-purchase warrant, exercisable at $1.00 for a period of one year. The securities will be subject to a four-month hold period under applicable securities laws.
Finder’s fees totaling $12,462.50 were paid on the financing.
The Company intends to use the net proceeds from the private placement for general working capital and corporate purposes.
About MYM
MYM Nutraceuticals Inc. is an innovative company focused on acquiring Health Canada licenses to produce and sell high-end organic medicinal cannabis supplements and topical products. To ensure a strong presence and growth potential within the industry, MYM is actively looking to acquire complementary businesses and assets in the technology, nutraceuticals and CBD sectors. MYM shares trade in Canada, Germany and the USA under the following symbols: (CSE: MYM) (OTC:MYMMF) (FRA:0MY) (DEU:0MY) (MUN:0MY) (STU:0MY).
ON BEHALF OF THE BOARD
Rob Gietl, CEO MYM Nutraceuticals Inc. www.mymarijuana.ca
Investor Relations
Terry Brown
1-855-696-2261
