Avicanna closes $500,000 non-brokered private placement at $0.15 per unit

Reuters2026/08/19 11:30

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Avicanna closed a strategic non-brokered private placement raising gross proceeds of $500,000.
Issued 3,333,334 units at $0.15 per unit.
Each unit includes one common share plus a half-warrant exercisable at $0.20 until Aug. 18, 2029.
Proceeds earmarked for working capital, manufacturing support, general expenses, research, and clinical development.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Avicanna Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608190730PRIMZONEFULLFEED9812572) on August 19, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Avicanna closes $500,000 non-brokered private placement at $0.15 per unit

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