March 27, 2018

Sunniva Inc. Closes $27.8 Million Bought Deal Public Offering

VANCOUVER, BC – March 27, 2018 – Sunniva Inc. (“Sunniva” or the “Company“) (CSE:SNN) (OTCQX:SNNVF) is pleased to announce that it has completed its bought deal public offering for aggregate gross proceeds of $27,797,275 (the “Offering”). A total of 2,850,900 units (the “Units”) and 50,000 Warrants (as defined below) of the Company were sold pursuant to the Offering, including 284,900 Units and 50,000 Warrants issued as a result of the partial exercise of the Underwriters’ over-allotment option, at a price of $9.75 per Unit and $0.02 per Warrant. The Offering was conducted by a syndicate of underwriters co-led by Beacon Securities Limited and Canaccord Genuity Corp. and including Bloom Burton Securities Inc. (collectively, the “Underwriters”). (All figures are in Canadian dollars unless otherwise stated).

Read the full press release here.