NOT FOR DISSEMINATION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES
VANCOUVER, British Columbia, Oct. 19, 2018 (GLOBE NEWSWIRE) — Namaste Technologies Inc. (“Namaste” or the “Company”) (TSXV: N) (FRANKFURT: M5BQ) (OTCMKTS: NXTTF) is admiring to advertise that it has filed a final abbreviate anatomy announcement in affiliation with its bought accord alms of 15,000,000 units of the Company at $3.00 per assemblage (the “Offering”) ahead appear on September 26, 2018. The announcement has been filed in anniversary of the Provinces of Canada, added than Québec.
The Company and the underwriters accept additionally entered into an adapted and restated underwriting acceding alteration the agreement of the warrants issuable in affiliation with the units, and pursuant to the exercise of the underwriters’ advantage options, such that:
Closing of the Alms is appointed on or about October 25, 2018. The Alms is accountable to the arising of a final cancellation by the applicative balance authoritative authorities, and TSXV Venture Exchange (“TSXV”) final accepting of requisite authoritative filings.
This columnist absolution shall not aggregate an action to advertise or the address of an action to buy nor shall there be any auction of the balance in any accompaniment in which such offer, address or auction would be unlawful. The balance actuality offered accept not been, nor will they be, registered beneath the United States Balance Act of 1933, as amended, and may not be offered or awash in the United States absent allotment or an applicative absolution from the allotment requirements of the United States Balance Act of 1933, as amended, and applicative accompaniment balance laws.
About Namaste Technologies Inc.
Namaste Technologies is Your Everything Cannabis Store™. Namaste operates the better all-around cannabis ecommerce belvedere with over 30 websites in 20 countries beneath assorted brands. Namaste’s artefact alms through its subsidiaries includes vaporizers, glassware, accessories, CBD products, and medical cannabis through its wholly endemic accessory CannMart in the Canadian market. Namaste has developed and acquired avant-garde technology platforms including NamasteMD.com, and in May 2018 the Company acquired a arch e-commerce AI and Machine Learning Company, Findify AB. Findify uses bogus intelligence algorithms to optimize and personalize a consumer’s on-site affairs experience. Namaste is focused on leveraging its cutting-edge technology to enhance the user acquaintance throughout its platforms. Namaste will abide to advance and access avant-garde technologies which will accommodate amount to the Company and to its shareholders as able-bodied as to the broader cannabis market.
On account of the Board of Directors
“Sean Dollinger”Chief Executive OfficerDirect: 1 604-355-6100Email: [email protected]
Further advice on the Company and its articles can be accessed through the links below:
NamasteTechnologies.com
NamasteMD.com
NamasteVapes.ca
Everyonedoesit.ca
Forward-looking Advice
This account absolution may accommodate “forward-looking information” and “forward-looking statements” aural the acceptation of applicative Canadian balance legislation. All advice independent herein that is not absolute in attributes may aggregate advanced information. Advanced statements herein accommodate but are not bound to statements apropos the advancing closing of the Offering, the arising of a final receipt, and the final accepting of the TSXV, and are necessarily based aloft a cardinal of assumptions that, while advised reasonable by management, are inherently accountable to business, bazaar and bread-and-er risks, uncertainties and contingencies that may account absolute results, achievement or achievements to be materially altered from those bidding or adumbrated by advanced statements. Except as appropriate by law, the Company disclaims any obligation to amend or alter any advanced statements. Readers are cautioned not to put disproportionate assurance on these advanced statements.
Neither the TSXV nor its Regulation Services Provider (as that appellation is authentic in the behavior of the TSXV) accepts albatross for the capability or accurateness of this columnist release.
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