Vejii Announces up to $5,000,000 Brokered Convertible Debenture Financing – Vejii
Summary
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, BC, Nov. 29th, 2021 /CNW/ – Vejii Holdings Ltd. (CSE: VEJI) (“Vejii” or the “Company“), a North American online marketplace for plant-based and sustainable products, is pleased to announce that the Company has entered into an agreement with Research Capital Corporation (the “Agent“), as lead agent and sole bookrunner, on a best-efforts basis, in respect of a brokered private placement offering (the “Offering“) of unsecured convertible debentures (“Debentures“) of the Company at $1,000 per Debenture, up to an aggregate principal amount of $5,000,000 or such other amount as the parties may agree upon. The Offering will take place by way of a private placement to accredited investors in the provinces of Alberta, British Columbia, Manitoba, New Brunswick, Ontario, and such other jurisdictions as the Agent and the Company may agree. Headquartered in Kelowna B.C., Vejii is a unified digital marketplace and fulfillment platform featuring thousands of plant-based and sustainable-living products from a growing list of hundreds of vendors. The platform offers an easy-to-use, omnichannel experience for both vendors and buyers, leveraging big data and artificial intelligence to elegantly connect brands with a targeted consumer base, both organically and through specialized marketing programs. These forward-looking statements generally are identified by words such as “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” and similar expressions.