Planet 13 Holdings Inc. ("Planet 13" or the "Company") (CSE:PLTH) (OTCQB:PLNHF) is pleased to announce that it has entered into an agreement with Beacon Securities Limited ("Beacon" or the "Lead Underwriter"), on behalf of a syndicate of underwriters (together with the Lead Underwriter, the "Underwriters"), to purchase, on a bought deal basis, 6,666,667 units (the "Units") in the capital of the Company at a price of $3.00 per Unit (the "Offering Price") for aggregate gross proceeds to the Company of $20,000,001 (the "Offering"). (All figures are in Canadian dollars unless otherwise stated).
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