Elixinol Global Sells 12.8 Million Shares at A$3.90 to Fund CBD Growth

New Cannabis Ventures
By Alan Brochstein, CFAJun 4, 2019, 7:34 pm143 pts
Yesterday, Elixinol Global (ASX: EXL) (OTC: ELLXF) requested that trading be halted in connection with a capital raise, with the expectation that the halt might last though June 5th. This evening, the company announced that it has raised A$50 million, selling shares at A$3.90 in a deal led by Bell Potter…

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