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viewVert Infrastructure Corp.

CROP Infra closes its previously announced placement

CROP Infrastructure is engaged in the business of branding, investing, constructing, owning and leasing turnkey greenhouse projects to licenced cannabis producers and processors

Woman holding marijuana plant
The company’s first project and core asset is its greenhouse project currently under construction in the State of Washington

CROP Infrastructure (CNSX:CROP) has closed the previously announced non-brokered private placement.

The placement raised C$4.35mln (gross) and involved the issue of 10.87mln units at C$0.40.

Each unit consists of one common share of CROP and one-half-of-one common share purchase warrant where each whole warrant entitles the holder to purchase one additional common share at an exercise price of C$0.55 per warrant share for a period of eighteen months following the date of issuance.

The company also announced that Twila Jensen has joined the board of directors.

Jensen is a senior capital markets strategists with Stockhouse.com and acts as an independent director for two other TSX Venture Exchange-listed companies: Durango Resources and BTU Metals.

She has more than 18 years of experience working in the capital markets within sales and marketing roles, as an independent director and also part of audit committees.  

Quick facts: Vert Infrastructure Corp.

Price: 0.025 CAD

CSE:VVV
Market: CSE
Market Cap: $286.65 k
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