Chemesis International Inc. Announces CDN $5,800,000 Equity Financing
Chemesis, Inc. (CSE: CSI) (OTC: CADMF) (FRA:CWAA)
Chemesis International Inc. Announces CDN $5,800,000 Equity Financing
Chemesis Announces CDN $5.8 million in equity financing with New York Based, Global Emerging Markets as lead
investor.
February 25, 2019
Vancouver, BC – Chemesis International Inc. (CSE: CSI) (OTC: CADMF) (FRA: CWAA) (the “Company” or
“Chemesis”), is pleased to announce a non -brokered private placement (the “Offering”) of up to CDN
$5,800,000 or 3,152,174 units (the “Units”) at a price of CDN $1.84 per unit. The Offering will be led by
New York based Global Emerging Markets (“GEM”), and participation from Canadian institutional
investors.
Under the terms of the Offering, the Company will issue 3,152,174 common shares, at a price of CDN
$1.84. Each Unit will be comprised of one common share and one common share purcha se warrant
(“Warrants”), with each Warrant exercisable for one common share at an exercise price of CDN $2.50 for
a period of 24 months from the closing date.
GEM is a global alternative investment group that manages a diverse set of investment vehicles a nd has
offices in Paris, New York and Los Angeles. Since 1991, GEM has completed over 375 transactions across
70 countries. GEM's investment vehicles provide the group and its investors with a diversified portfolio of
asset classes that span the global pri vate investing spectrum. Each investment vehicle has a different
degree of operational control, risk -adjusted return and liquidity profile. Our family of funds and
investment vehicles provide GEM and its partners with exposure to: Small-Mid Cap Management Buyouts,
Private Investments in Public Equities (PIPEs) and select venture investments.
“The funds are intended to be utilized as working capital for our operations within our state -of-the-art
extraction facility in California,” said CEO of Chemesis, Edg ar Montero. “We believe this financing will
allow us to capture greater market share by increasing our oil production, developing additional
proprietary product formulations and expanding our distribution infrastructure throughout California. The
Company sees tremendous growth potential within California, and believes it can expand to meet future
demands.”
The securities to be issued under the Offering will be offered by way of private placement in each of the
provinces of Canada and such other jurisdiction s as may be determined by the Company, in each case,
pursuant to applicable exemptions from the prospectus requirements under applicable securities laws.
The Offering is subject to the approval of the Canadian Securities Exchange and will close on or about
March 1, 2019.
Chemesis, Inc. (CSE: CSI) (OTC: CADMF) (FRA:CWAA)
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities
in the United States. The securities referred to herein will not be or have not been registered under the
United States Securi ties Act of 1933, as amended, and may not be offered or sold in the United States
absent registration or an applicable exemption from registration requirements.
On Behalf of The Board of Directors
Edgar Montero
CEO and Director
About Chemesis International Inc.
Chemesis International Inc. is a vertically integrated global leader in the cannabis industry, currently
operating within California, Puerto Rico, and Colombia.
Chemesis is developing a strong foothold in key markets, from cultivation, to manufacturing, distribution
and retail. Chemesis has facilities in both Puerto Rico and California, allowing for cost effective production
and distribution of its products. In addition, Chemesis leverages exclusive brands and partnershi ps and
uses the highest quality extraction methods to provide consumers with quality cannabis products.
Chemesis will add shareholder value by exploring opportunities in emerging markets while consistently
delivering quality product to its consumers from seed to sale.
Investor Relations:
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Forward-Looking Information: This news release contains "forward -looking information" within the meaning of
applicable securities laws relating to statements regarding completion of the Offering, the anticipated use of
proceeds of the Offering and the Company's business, products and future of the Company’s business, its product
offerings and plans for sales and marketing. Although the Company believes that the expectations reflected in the
forward-looking information are reasonable, there can be no assurance that such expectations wil l prove to be
correct. Readers are cautioned not to place undue reliance on forward -looking information. Such forward -looking
statements are subject to risks and uncertainties that may cause actual results, performance and developments to
differ materially from those contemplated by these statements depending on, among other things, the risks that the
Offering may not complete in the full amount contemplated or at all, the proceeds will be utilized as anticipated, the
Company's products and plans will vary from those stated in this news release and the Company may not be able to
Chemesis, Inc. (CSE: CSI) (OTC: CADMF) (FRA:CWAA)
carry out its business plans as expected. Except as required by law, the Company expressly disclaims any obligation
and does not intend to update any forward-looking statements or forward-looking information in this news release.
Although the Company believes that the expectations reflected in the forward -looking information are reasonable,
there can be no assurance that such expectations will prove to be correct and makes no referenc e to profitability
based on sales reported. The statements in this news release are made as of the date of this release.
The CSE has not reviewed, approved or disapproved the content of this press release