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Herbal Dispatch Secures Funds and Revamps Board

Herbal Dispatch Secures Funds and Revamps Board

Luff Enterprises Ltd. (TSE:HERB) has released an update.

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Herbal Dispatch Inc. has successfully completed the initial phase of its equity private placement, raising CAD$407,650 through the issuance of over 8 million units, each comprising a share and a purchase warrant. The proceeds are earmarked for working capital to fuel the company’s growth. Alongside the financial news, the company also announced a board change with the resignation of Jeremy South as Director and Chairman, and the interim appointment of Herb Dhaliwal to the role.

For further insights into TSE:HERB stock, check out TipRanks’ Stock Analysis page.

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