Share Purchase Plan Completed
Share Purchase Plan Completed
Sydney, May 6, 2019 AEST (ABN Newswire) - THC Global Group Limited (THC Global or the Company) (ASX:THC) (OTCMKTS:HDRPF) is pleased to confirm that following auditing of the applications, the final amount raised in the Share Purchase Plan (SPP) conducted in April 2019 was $2,983,500 from a total of 545 applicants.

Key Points:

- Share Purchase Plan closed - final accepted funds of $2,983,500

- 545 shareholders participated in the SPP

The relevant Appendix 3B for the issuance of the 5,967,000 new Shares under the SPP and the release of restricted securities is attached.

To view Appendix 3B, please visit:
http://abnnewswire.net/lnk/12W13413


About THC Global Group Limited

THC Global Group Limited (ASX:THC) (OTCMKTS:HDRPF) (FRA:9TH) operates under a 'Farm to Pharma' pharmaceutical model and is currently delivering high quality medicinal cannabis products to Australian patients through existing access schemes. Having secured both a significant growing capacity over two grow sites, and an industry-leading pharmaceuticals biomanufacturing facility with attached testing and product development laboratory, THC Global is in prime position to service both domestic patients and the export market. THC Global's commercial partners operate across four continents, supporting future international growth.

In addition to its core medicinal cannabis business, THC Global owns two Canadian companies, being Crystal Mountain Products and Vertical Canna Inc. Crystal Mountain Products operates a revenue generating global hydroponics retailer and distributor of equipment, material, and nutrients to cannabis growers and producers. Vertical Canna Inc is an investment vehicle through which THC Global intends to build, through acquisitions and strategic partnerships, a vertically integrated Canadian cannabis producer and retailer. Vertical Canna's existing asset portfolio includes a land-holding in Nova Scotia, Canada to be developed into a large-scale cannabis production facility.

    


Contact

Ken Charteris
Chief Executive Officer
e: corporate@thc.global

Henry Kinstlinger
Company Secretary
e: corporate@thc.global
p: +61-2-8644-0601

Sonny Didugu
Investor & Media Enquiries
e: media@thc.global
p: +61-2-8088-4760



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