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Tag Archives: 1BUP

GTEC Announces Closing of Second Tranche of Approximately $12.5 Million Private Placement

March 21, 2019 (GLOBE NEWSWIRE) -- GTEC Holdings Ltd. (TSX-V:GTEC) (OTCQB:GGTTF) (FRA: 1BUP) (“GTEC” or the “Company”) is pleased to announce that it has closed its previously announced upsized private placement offering led by Sprott Capital Partners LP (the “Agent”) by issuing 11,582,869 units of the Company (each a “Unit” and collectively, the “Units”) at a price of $0.55 per Unit for gross proceeds of $6,370,577.95.
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GTEC Announces Tumbleweed Farms Evidence Package Submission to Health Canada to Confirm Readiness of Cultivation License

GTEC Holdings Ltd. (TSXV: GTEC) (OTCQB: GGTTF) (FRA: 1BUP) (“GTEC” or the “Company”) is pleased to announce that Tumbleweed Farms (the “Facility”) has submitted its Affirmation of Readiness and Video Evidence Package (the “Evidence Package”) to Health Canada. The Evidence Package submission is the final step required in order to demonstrate and confirm to Health Canada that the Facility is fully built, operationally ready and is in compliance with the Cannabis Act and Regulations, prior to being issued its Standard Cultivation License.
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GTEC Announces Further Upsizing of Brokered Private Placement to $10,000,000

March 06, 2019 (GLOBE NEWSWIRE) -- GTEC Holdings Ltd. (TSXV: GTEC) (OTCQB: GGTTF) (FRA: 1BUP) (“GTEC” or the “Company”) is pleased to announce that due to overwhelming demand, it has further upsized its previously announced private placement offering led by Sprott Capital Partners LP (the “Agent”) to up to 18,181,818 units of the Company (each a “Unit” and collectively, the “Units”) for gross proceeds of up to $10,000,000.
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