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CBD Global Sciences Announces Retirement of Over $9 Million in Outstanding Debt

CBD Global Sciences Announces Retirement of Over $9 Million in Outstanding Debt

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DENVER, CO, Dec. 31, 2021 (GLOBE NEWSWIRE) — via NewMediaWire – CBD Global Sciences, Inc. (OTC: CBDNF) (CSE: CBDN) (Frankfurt:GS3), “CBD Global” or the “Company”), is pleased to announce the completion of its previously announced (August 12, 2021) debt restructuring involving the retirement of over CDN$9 million in outstanding debt through the issuance of 8,908,876 Common Shares at an issue price of $0.1575 per share and 318,688 Series A preferred shares at an issue price of USD$14 per share.

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