Greenlane Renewables Inc. (TSXV: GRN) (“Greenlane” or the “Company”) announces the size and pricing of its previously announced underwritten public offering (the “Offering”) of 20,000,000 units (the “Units”) of the Company at a price of $0.50 per Unit, for gross aggregate proceeds to the Company of $10,000,000, before deducting the underwriting commission and estimated Offering expenses payable by the Company. In addition, Greenlane has also granted the underwriters of the Offering an option to purchase up to an additional 3,000,000 Units on the same terms and conditions for a period of up to 30 days from the closing of the Offering. |