(NASDAQ:PRME) MONTREAL, Sept. 04, 2025 (GLOBE NEWSWIRE) -- Prime Drink Group Corp. (CSE: PRME) (“Prime” or the “Company”) announces that it has terminated its previously disclosed rights offering and that it is proceeding with a non-brokered private placement offering of units of the Company (the “Units”) to raise maximum gross proceeds of $5,000,000 (the “Unit Offering”).
Related Questions
How will the private placement affect shareholder dilution and ownership percentages?
What is the intended use of the $5,000,000 proceeds and how will it impact the company’s balance sheet?
When will the private placement be priced and closed, and what market reaction is anticipated during that period?