Click here to close now.



Welcome!

News Feed Item

Peace Naturals Project Inc. Closes Private Placement Offering of Class A Shares

TORONTO, ONTARIO -- (Marketwired) -- 05/21/14 -- Peace Naturals Project Inc. is pleased to announce the closing of a brokered private placement financing.

"We increased the size of our offering to accommodate an overwhelming amount of interest and the proceeds will be used to accelerate the growth of our production facilities in Clearview Township. M Partners brought together an impressive list of leading Canadian and US institutions to our investor base and we thank them for their efforts," said Peace Naturals CEO and founder Mark Gobuty.

"We are on a mission to set new standards for viable, credible medical Cannabis production and distribution and with the completion of this financing we have the capital in place to do so," said Mr. Gobuty. It is an extremely exciting time for the medical Cannabis industry and I couldn't be prouder of the work being done by our high performance team of highly skilled professionals. Together our team has helped to set standards in client outreach, education and care and collectively have reached new heights in shepherding ideologies for what a medicinal Cannabis client experience should and does consist of."

About Peace Naturals Project Inc.

The Peace Naturals Project is a federally licensed and regulated Canadian medical Cannabis producer and distributor based in Ontario. The company cultivates strains of Cannabis that can be used for medicinal purposes, employing proven, proprietary plant varieties and offering a range of organic medical Cannabis solutions.

The Peace Naturals Project, which has extensive experience in natural health food production and agronomy, is one of the first new commercial producers granted a license by Heath Canada to produce and distribute medical Cannabis in Canada. Its transformative patient-centric model is based on a strong understanding of the growing medical Cannabis industry, a holistic approach to living well and the principles of integrity, transparency, security, compliance, and social environmental sustainability. With a strong commitment to responsible business practices and complete and thorough transparency of all aspects of operation, from production to Client Care and distribution, The Peace Naturals Project proudly has the support of local authorities, along with local and surrounding municipal leaders and holds quarterly town hall presentations to inform their community of current achievements as well as plans for future growth and community involvement.

The Peace Naturals Project is a privately held, wholly owned Canadian company focused on becoming the global Agri-Health leader in the development of effective and safe medical Cannabis solutions.

About M Partners Inc.

M Partners Inc. is an independent full service investment bank based in Toronto. Its first priority is to deliver a high level of service and insightful research to our institutional and retail clients. M Partners is a leading provider of corporate finance and advisory services to the Canadian medical marihuana sector.

M Partners is a member of the Investment Industry Regulatory Organization of Canada (IIROC), the Canadian Investor Protection Fund (CIPF) and a Participating Organization of the Toronto Stock Exchange (TSX) and the TSX Venture Stock Exchange (TSXV).

Notice regarding Forward Looking Statements

Certain information in this press release may contain forward-looking statements. This information is based on current expectations that are subject to risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. The Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements unless and until required by securities laws applicable to the Company.

Contacts:
Peace Naturals Project Inc.
Mark Gobuty
CEO
1(888) 64-PEACE (73223)
www.peacenaturals.com

M Partners Inc.
Michael Krestell
President
(416) 603-7381

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
DevOps is not just last year’s buzzword. Companies with DevOps practices are 2.5x more likely to exceed profitability, market share, and productivity goals. But how do you enable high performance? What can you do right now to start? Find out from DevOps experts including Gene Kim, co-author of "The Phoenix Project," and the Dynatrace Center of Excellence.
SYS-CON Events announced today that Avere Systems, a leading provider of enterprise storage for the hybrid cloud, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Avere delivers a more modern architectural approach to storage that doesn’t require the overprovisioning of storage capacity to achieve performance, overspending on expensive storage media for inactive data or the overbuilding of data centers ...
Sensors and effectors of IoT are solving problems in new ways, but small businesses have been slow to join the quantified world. They’ll need information from IoT using applications as varied as the businesses themselves. In his session at @ThingsExpo, Roger Meike, Distinguished Engineer, Director of Technology Innovation at Intuit, showed how IoT manufacturers can use open standards, public APIs and custom apps to enable the Quantified Small Business. He used a Raspberry Pi to connect sensors...
SYS-CON Events announced today that Catchpoint Systems, Inc., a provider of innovative web and infrastructure monitoring solutions, has been named “Silver Sponsor” of SYS-CON's DevOps Summit at 18th Cloud Expo New York, which will take place June 7-9, 2016, at the Javits Center in New York City, NY. Catchpoint is a leading Digital Performance Analytics company that provides unparalleled insight into customer-critical services to help consistently deliver an amazing customer experience. Designed...
With the proliferation of both SQL and NoSQL databases, organizations can now target specific fit-for-purpose database tools for their different application needs regarding scalability, ease of use, ACID support, etc. Platform as a Service offerings make this even easier now, enabling developers to roll out their own database infrastructure in minutes with minimal management overhead. However, this same amount of flexibility also comes with the challenges of picking the right tool, on the right ...
SYS-CON Events announced today that Alert Logic, Inc., the leading provider of Security-as-a-Service solutions for the cloud, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Alert Logic, Inc., provides Security-as-a-Service for on-premises, cloud, and hybrid infrastructures, delivering deep security insight and continuous protection for customers at a lower cost than traditional security solutions. Ful...
SYS-CON Events announced today that Interoute, owner-operator of one of Europe's largest networks and a global cloud services platform, has been named “Bronze Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2015 at the Javits Center in New York, New York. Interoute is the owner-operator of one of Europe's largest networks and a global cloud services platform which encompasses 12 data centers, 14 virtual data centers and 31 colocation centers, with connections to 195 ad...
Recognizing the need to identify and validate information security professionals’ competency in securing cloud services, the two leading membership organizations focused on cloud and information security, the Cloud Security Alliance (CSA) and (ISC)^2, joined together to develop an international cloud security credential that reflects the most current and comprehensive best practices for securing and optimizing cloud computing environments.
Companies can harness IoT and predictive analytics to sustain business continuity; predict and manage site performance during emergencies; minimize expensive reactive maintenance; and forecast equipment and maintenance budgets and expenditures. Providing cost-effective, uninterrupted service is challenging, particularly for organizations with geographically dispersed operations.
SYS-CON Events announced today that Commvault, a global leader in enterprise data protection and information management, has been named “Bronze Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Commvault is a leading provider of data protection and information management...
SYS-CON Events announced today that VAI, a leading ERP software provider, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. VAI (Vormittag Associates, Inc.) is a leading independent mid-market ERP software developer renowned for its flexible solutions and ability to automate critical business functions for the distribution, manufacturing, specialty retail and service sectors. An IBM Premier Business Part...
With an estimated 50 billion devices connected to the Internet by 2020, several industries will begin to expand their capabilities for retaining end point data at the edge to better utilize the range of data types and sheer volume of M2M data generated by the Internet of Things. In his session at @ThingsExpo, Don DeLoach, CEO and President of Infobright, will discuss the infrastructures businesses will need to implement to handle this explosion of data by providing specific use cases for filte...
In most cases, it is convenient to have some human interaction with a web (micro-)service, no matter how small it is. A traditional approach would be to create an HTTP interface, where user requests will be dispatched and HTML/CSS pages must be served. This approach is indeed very traditional for a web site, but not really convenient for a web service, which is not intended to be good looking, 24x7 up and running and UX-optimized. Instead, talking to a web service in a chat-bot mode would be muc...
It's easy to assume that your app will run on a fast and reliable network. The reality for your app's users, though, is often a slow, unreliable network with spotty coverage. What happens when the network doesn't work, or when the device is in airplane mode? You get unhappy, frustrated users. An offline-first app is an app that works, without error, when there is no network connection.
SYS-CON Events announced today that AppNeta, the leader in performance insight for business-critical web applications, will exhibit and present at SYS-CON's @DevOpsSummit at Cloud Expo New York, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. AppNeta is the only application performance monitoring (APM) company to provide solutions for all applications – applications you develop internally, business-critical SaaS applications you use and the networks that deli...