Transactions

rory_cattenach

Overview

Solo Growth Corp.™ (formerly Aldershot Resources Ltd.) Completes Change of Business to retail cannabis company

January 07, 2019

Solo Growth Corp.™ (formerly Aldershot Resources Ltd.) (TSXV: SOLO) today commenced trading on the TSX Venture Exchange following Solo’s change of business from a mining company to a retail cannabis company. On June 28, 2018: (i) Solo completed a non-brokered private placement for gross proceeds of $25.6 million; (ii) the former management team and former board of Aldershot resigned and the current management team and board were appointed; and (iii) Solo entered into an administrative services agreement with Solo Liquor Stores Ltd., one of Canada’s largest private liquor retailers.

Eight Capital acted as sponsor to Solo in connection with the Change of Business.

Operating as YSS by Solo™, Solo is a cannabis retailer with the vision to become a premier retailer and the trusted destination for retail cannabis in Canada.

Wildeboer Dellelce LLP represented Eight Capital in connection with the sponsorship of Solo with a team that consisted of Perry Dellelce, Michael Rennie and Jessica Coco (corporate/securities).