Pharmacielo’s CA$12 Million Shares Offering

McMillan LLP acted as Canadian counsel to Issuer, while Fasken Martineau Dumoulin LLP acted as Canadian counsel and Philippi Prietocarrizosa Ferrero DU & Uría as Colombian counsel to Agent for the offering.

Pharmacielo Ltd. executed its offering of 5,581,400 shares, performed in the Canadian public market for a total gross proceeds of not less than CA$12,000,010.

Cormark Securities Inc. was the agent in the offering.

PharmaCielo Ltd. is a global company headquartered in Canada and publicly traded on the TSXV. PharmaCielo Ltd. is the world’s largest licensed cannabis producer.

Philippi Prietocarrizosa Ferrero DU & Uría advised Cormark Securities with Hernando Padilla (Partner; Picture) Ximena González, Santiago Fuquen, Gerardo Flórez and Diego Quintero (Associates).

Fasken Martineau Dumoulin LLP advised advised Cormark Securities with a team led by Myroslav Chwaluk (Partner) and Alexis Shamess (Associate).

Involved fees earner: Myroslav Chwaluk – Fasken Martineau; Gerardo Flórez – Philippi Prietocarrizosa Ferrero DU & Uría; Santiago Fuquen – Philippi Prietocarrizosa Ferrero DU & Uría; Ximena González Cardozo – Philippi Prietocarrizosa Ferrero DU & Uría; Hernando Padilla – Philippi Prietocarrizosa Ferrero DU & Uría; Diego Quintero – Philippi Prietocarrizosa Ferrero DU & Uría;

Law Firms: Fasken Martineau; Philippi Prietocarrizosa Ferrero DU & Uría;

Clients: Cormark Securities Inc.;

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