Tuesday, June 13, 2017

True Leaf (CSE: $MJ.C) (OTC Pink: $TLFMF) Announces Second Tranche Closing of Private Placement

True Leaf (CSE: $MJ.C) (OTC Pink: $TLFMF) Announces Second Tranche Closing of Private Placement

Vancouver, British Columbia - June 13, 2017 (Newsfile Corp.) (Investorideas.com Newswire) True Leaf Medicine International Ltd. (CSE: MJ) (OTC Pink: TLFMF) (FSE: TLA) is pleased to announce that it has closed the second tranche of its recently-announced non-brokered private placement by issuing an aggregate of 4,641,816 units (each, a "Unit") at a price of C$0.30 per Unit for aggregate gross proceeds of C$1,392,545 (the "Private Placement"). Each Unit consists of one common share of the Company (each, a "Common Share") and one warrant exercisable into one Common Share at a price of $0.45 for a period of 24 months. One insider of the Company subscribed for 85,000 Units, representing C$25,500 of the gross proceeds.

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