VANCOUVER, Oct. 27, 2017 /CNW/ - Liberty Leaf Holdings Ltd. (CSE: LIB, OTCQB: LIBFF and FSE: HN3P) (the "Company" or "Liberty Leaf") announced today it has received an aggregate $763,500 from the exercise of share purchase warrants. A total of 10,180,000 warrants were exercised at $0.075 and the Company issued a total of 10,180,000 common shares. The warrants were issued in connection with a non-brokered private placement financing in October 2015 and expired on October 26, 2017.
Will Rascan, CEO & President of Liberty Leaf commented: "We are very pleased with the level of support received from our shareholders as demonstrated by the recent exercise of warrants. With our significantly improved treasury, Liberty Leaf is well positioned to further advance its corporate initiatives."
About Liberty Leaf
Liberty Leaf Holdings Ltd. is a new Canadian-based, public company whose focus is to build and support a diversified portfolio of cannabis-sector businesses, including cultivation, value-added CBD/THC products, biotech research and supply chain products within this dynamic and fast-growing sector.
Liberty Leaf also owns 100% of North Road Ventures, a late-stage applicant under Health Canada's Access to Cannabis for Medical Purposes Regulations (ACMPR).
On behalf of the Board
Will Rascan, President & CEO
Liberty Leaf Holdings Ltd.
700-838 W Hastings Street
Vancouver, B.C. V6C 0A6
Telephone: (778) 819-0244
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may contain forward-looking statements based on assumptions and judgments of management regarding future events or results. Such statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward looking statements. The company disclaims any intention or obligation to revise or update such statements.
SOURCE Liberty Leaf Holdings
For further information: on the Company please visit http://www.libleaf.com or email [email protected]