Board of Directors in DanCann Pharma A/S has resolved on a partially (77 percent) secured Rights Issue of approximately DKK 28.5 million and publishes prospectus
COPENHAGEN, Denmark, October 21, 2022 - DanCann Pharma A/S (SS: DANCAN) ("DanCann Pharma" or the “Company”), a Danish company powered by cannabinoids, hereby announces that the Board of Directors in DanCann Pharma today has formally resolved on the previously announced partially (77 percent) guaranteed rights issue of units corresponding to a total of approximately DKK 28.5 million (the “Rights Issue”). The resolution was made based on the authorization from the Extraordinary General Meeting of the Company that was held on the September 20, 2022. The purpose of the Rights Issue is to secure