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Cansortium Announces Closing of US$3 Million Private Placement

Newswire.ca - Wed Mar 1, 2023

MIAMI, March 1, 2023 /CNW/ - Cansortium Inc. (CSE: TIUM.U) (OTCQX: CNTMF) ("Cansortium" or the "Company"), a vertically-integrated, multi-state cannabis company operating under the Fluent™ brand, is pleased to announce that on February 28, 2023 the Company closed a non-brokered private placement offering of 30,000,000 units of the Company ("Units") at a price of US$0.10 per Unit for aggregate gross proceeds of US$3,000,000 (the "Offering").

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