
("World High Life" or the "Company")
Issue of Equity
World High Life Plc (AQSE: LIFE) (OTCQB: WRHLF), announces that it has agreed to issue a total of 86,096,355 new ordinary shares of
Further to the Company's announcement on
World High Life has also agreed to issue 8,876,040 Ordinary Shares at a price of 2.5p per share in exchange for debt with an aggregate amount of
Issuance of the Convertible Debenture Shares, Share Purchase Warrants and Debt Shares is subject to the passing of all resolutions at the General Meeting of the Company to be held on
Application will be made for the Convertible Debenture Shares and the and Debt Shares to be admitted to trading on the AQSE Growth Market and admission is expected to become effective, and dealings in the new Ordinary Shares are expected to commence, on or around
"With the issuance of this equity in exchange for debt, combined with the restructuring of the final consideration payable for
The Directors of the Company accept responsibility for the contents of this announcement.
About
About World High Life
World High Life was established by the founders of Supreme Cannabis (TSX: FIRE), and 1933 Industries (CSE: TGIF), both companies at the forefront of the legalized cannabis industry. LIFE was established to take advantage of the huge opportunities available in the
For further information please contact:
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AQSE Corporate Adviser +44 (0) 20 7469 0930 |
Financial PR +44 (0) 207 318 3205 |
For more information on World High Life please visit: www.worldhighlife.uk
Market Abuse Regulation (MAR) Disclosure
The information contained within this announcement is deemed by the Company to constitute inside information. Upon the publication of this announcement via a
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