Clark Wilson acts for Hempco Canada Superfoods in go-public transaction

Firm News

Clark Wilson acted for Hempco Canada Superfoods Inc. in completing a TSXV Qualifying Transaction through the sale of all of its issued and outstanding securities to the resulting issuer, Hempco Food and Fiber Inc., in exchange for the issuance of 20,000,000 common shares.

The parties completed a bridge and concurrent financing for aggregate gross proceeds of $1,934,500. Hempco Superfoods is now a wholly-owned subsidiary of the resulting issuer, which is listed on the TSXV under the symbol “HFF.” Don Sihota and Craig Rollins led the Clark Wilson team. For more information, read the news release.