CE Brands Announces $3,000,000 Convertible Note Financing

CALGARY, Alberta, April 13, 2022 (GLOBE NEWSWIRE) -- CE Brands Inc. (TSXV: CEBI; CEBI.WT) (“CE Brands”, “we”, “our”, or the “Company”), a data-driven consumer-electronics company, is pleased to announce its intention to complete a private placement of senior secured convertible notes (the “Notes”) for up to $3,000,000 (the “Offering”). Certain investment entities managed or advised by Vesta Wealth Partners Ltd. (“Vesta”), a leading Canadian investment firm have confirmed that they will purchase Notes having an aggregate principal amount of $1,000,000 under the terms of the Offering.

Read more at globenewswire.com