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March 26, 2019

Innovative Properties Inc. dba Nabis Holdings Completes $35 Million Private Placement

Innovative Properties Inc. dba Nabis Holdings (CSE:NAB, OTC:INNPF, FRA:7IP) completed a private placement of debenture units for aggregate gross proceeds of approximately $35 million. The offering was conducted by a syndicate of agents co-led by Canaccord Genuity Corp. and Eventus Capital Corp. and including Desjardins Securities Inc.

Nabis Holdings is a Canadian investment issuer that invests in high quality cash flowing assets across multiple industries, including real property, securities, cryptocurrency, and all aspects of the U.S. and international cannabis sector.

Wildeboer Dellelce LLP acted for the agents in connection with the offering with a team comprised of Perry Dellelce, Sanjeev Patel, Amir Torabi and Alexandra Meffe (corporate/securities).