Coles sells iPhones for $ 359

GlobeNewswire

Halo Collective announces offering of night market shares

THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION IN US NEWSWIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES. TORONTO, January 25, 2021 (GLOBE NEWSWIRE) – Halo Collective Inc. (“Halo” or the “Company”) (NEO: HALO) (OTCQX: AGEEF) (Germany: A9KN), is pleased to announce that it has entered into an agreement pursuant to which Eight Capital, on behalf of a syndicate of underwriters (collectively the “Unitholders”), has agreed to offer for sale shares of the Company (the “Units”) on an overnight market basis (the “Offer”). It is expected that the Offer will be valued in the context of the market, with the final terms of the Offer to be determined at the time of the price. There is no guarantee as to whether or when the Offer will be completed, nor as to the actual size or terms of the Offer. Closing of the Offering will be subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the approval of NEO Exchange Inc. The Company intends to grant Unitholders an option, which may be exercised in whole or in part , at any time no later than the thirtieth day following the closing of the Offer, to purchase up to a further 15% of the Units offered in the proposed Offer for the purpose of market stabilization and to cover any over-allotments. The net proceeds of the Offering are expected to be used for raw materials and packaging supplies, capital equipment, the construction of the Company’s proposed dispensary in North Hollywood, California, the Bar-X Ranch development in Lake County, California, and a indoor growing in Ukiah, California, working capital and general business purposes. Shares are expected to be offered in each of the provinces of Canada, with the exception of Quebec, pursuant to Halo’s base prospectus in abridged form dated September 2, 2020 (the “Base Prospectus”) and may also be offered in the United States. or to, or on behalf of or for the benefit of, US persons under the exemptions available from the registration requirements of the United States Securities Act of 1933, as amended and in accordance with similar exemptions under applicable state securities laws, as well as in jurisdictions under outside Canada and the United States as agreed by the Company and the Unitholders on a private placement basis or equivalent. The terms of any Offer will be described in a supplement to the prospectus for filing with the securities commissions in each of the provinces and territories of Canada (the “Prospectus Supplement”). Copies of the Supplement to the Prospectus, after its filing, and of the attached Base Prospectus can be obtained on SEDAR at www.sedar.com and from Eight Capital at ecm@viiicapital.com. The Base Prospectus contains, and the Supplement to the Prospectus will contain, important detailed information on the Company and the Offer proposed. Potential investors should read the Supplement to the Prospectus and the attached Base Prospectus and the documents which are incorporated by reference in the Base Prospectus which the Company has filed with SEDAR at www.sedar.com before making an investment decision. The securities offered have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States or to, or for or for the benefit of, US Person absent registration or applicable exemption from the requirements of registration. This press release will not constitute an offer to sell or the solicitation of an offer to buy nor will there be any sale of the securities in any state where such an offer, solicitation or sale would be illegal. About Halo Collective Inc .: Halo Collective Inc. is a leading vertically integrated cannabis company that grows, extracts, produces and distributes quality cannabis flowers, oils and concentrates and has sold approximately eight million grams of oils and focus from the start. Halo continues to evolve its business and scale efficiently by partnering with trusted industry leaders who appreciate the Company’s operational experience in bringing premium products to market. Current growth includes expansion into major US markets, UK, Africa, Republic of Malta in partnership with MedCan Ltd. and planned expansion into the Canadian retail market. Halo is led by a strong, diverse and innovative management team with deep industry knowledge and blue-chip experience. The company is currently operating in the United States in California, Oregon and Nevada. The Company sells cannabis products primarily to dispensaries under its Hush, Mojave, Exhale brands and in partnership or license with OG DNA Genetics, Terphogz (operating as Zkittlez ™), Winberry Farms and FlowerShop. As part of the continued expansion and vertical integration in the United States, Halo boasts numerous cultivation operations in Oregon and California. In Oregon, the company has a total of seven acres of outdoor cultivation, including East Evans Creek, a six-acre cultivation site in Jackson County, and Winberry Farms, a one-acre cultivation site in Jackson County. Lane. In California, the Company is building Ukiah Ventures, a planned 30,000-square-foot indoor growing, processing and manufacturing facility that includes up to five acres of industrial land to expand. Halo also partnered with GMH to purchase Bar X Ranch in Lake County, California, with plans to develop up to 80 acres of cultivation, which would represent the largest crop in Northern California. Recently, the Company entered into a non-binding letter of intent with Red Light Holland Corp. for the purpose of creating a joint venture to become a licensed psilocybin manufacturer to supply psilocybin-based products to licensed service centers in the State of Oregon. Internationally, the Company is currently growing cannabis at Bophelo Bioscience & Wellness (Pty) Ltd (“Bophelo”) in Lesotho, South Africa, which holds one of the largest marijuana growing licenses in Africa with a future capacity of up to 495 acres. To promote Halo’s global presence, the Company recently acquired licenses to import and distribute medicinal cannabis products (“CBPM”) in the United Kingdom through cannabis suppliers Canmart Ltd. Halo provides the growing and Bophelo’s manufacturing, combined with Canmart’s import and distribution capabilities, to drive the growth of a company well positioned to serve the UK market. Forward-Looking Statements: This press release contains certain “forward-looking information” within the meaning of applicable Canadian securities law and may also contain statements that may constitute “forward-looking statements” under the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking information and statements are not representative of historical facts or current information or conditions, but instead represent only Halo’s beliefs about future events, plans or goals, many of which, by their nature, are inherently uncertain. and out of Halo’s control. In general, such forward-looking information or forward-looking statements can be identified through the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “planned,” “Estimates “,” predicts “,” intends “,” anticipates “or” does not foresee “or” believes “or variations of such words and phrases or may contain statements that certain actions, events or results” may, “” may “,” would be “,” could “or” will be taken “,” will continue “,” will happen “or” will be achieved “. Forward-looking information may relate to expected events or results including, but not limited to: the expected closure of the Offer, the expected terms of the Offer, the securities to be offered in connection with the Offer, the intended use of proceeds The offer, Halo’s planned expansion into the Canadian retail market, Halo’s planned operations in Malta, the planned size and capacity of the final planned facility at Ukiah Ventures, the size of the planned Halo grow facility in Northern California, and the capacity of Bophelo and Canmart to serve UK market. By identifying such information and statements in this way, Halo warns the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied in such information and statements. Additionally, in connection with the forward-looking information and forward-looking statements contained in this press release, Halo has made some assumptions. While Halo believes that the assumptions and factors used in preparation and the expectations contained in the forward-looking information and statements are reasonable, undue reliance should be placed on such information and statements and no assurance or warranty can be given that such information and statements forecasts will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. Among others, the key factors that could cause actual results to differ materially from those projected in the forward-looking information and statements are the following: delays in obtaining required regulatory approvals, changes in economic, business and general political conditions , including changes in the financial markets; delays in obtaining required licenses or approvals; delays or unexpected costs incurred in connection with construction; the ability of competitors to scale operations in Northern California; unexpected delays or difficulties with the cultivation and harvesting of Halo raw material; and other risks disclosed in the Company’s Annual Information Form dated April 16, 2020 and other disclosure documents available on the Company’s profile at www.sedar.com. Should one or more of these risks, uncertainties or other factors materialize, or should the assumptions underlying the information or forward-looking statements prove incorrect, actual results could differ materially from those described herein as intended, planned, anticipated, believed, estimated or expected. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and Halo makes no commitment to update any forward-looking information and / or forward-looking statements contained or referenced herein, except in accordance with securities laws. applicable. All subsequent written and oral information and forward-looking statements attributable to Halo or persons acting on its behalf are expressly qualified in their entirety by this notice. For more information: Halo Collective Inc., Investor Relations, info@halocanna.com.

Via: au.finance.yahoo.com

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