Vancouver, B.C., January 26, 2017 – MYM Nutraceuticals Inc., (CSE:MYM) (the “Company” or “MYM”) is pleased to announce a non-brokered private placement of up to 8,000,000 units at a price of $0.05 per unit.
Each unit will consist of one common share and one non-transferable share purchase warrant. Each whole warrant will entitle the holder to acquire one additional common share exercisable for a period of twenty-four months following the closing of the private placement at a price of $0.07 per warrant share.
The private placement is subject to the approval of the Canadian Securities Exchange and the securities will be subject to a four month and one day hold period under securities laws.
The Company intends to use the net proceeds from the private placement for general working capital and corporate purposes.
MYM Nutraceuticals Inc., (MYM) is a public company trading on the Canadian Stock Exchange, (CSX), who’s primary focus, is developing high-end organic medicinal supplements and Hemp Topical products with an interest in the development of high density farming facilities and technologies.
MYM has identified the potential market of providing turn-key facilities which derive revenue from land and equipment lease fee’s while also providing consulting services to its tenants of high density grow operations. Further to this business model is the potential for manufacturing facilities for tenants who would specialize in the area of Organic herb and Hemp based products. Through it’s wholly owned subsidiary the objective is to be a leader in land development servicing the new age farming entrepreneur in Canada and abroad
ON BEHALF OF THE BOARD
CEO and Director
Telephone: 778-317-7932 Email: email@example.com