On November 29, 2018 Menē Inc. (“Menē” or the “Company”) announced that it had entered into an agreement with Canaccord Genuity Corp. whereby Canaccord Genuity Corp. has agreed to purchase, on a “bought deal” basis, an aggregate principal amount of $10,000,000 of securities of the Company (the “Equity Offering”). In addition, the Company has entered into a commitment with a private institutional investor for a concurrent $20,000,000 secured gold note financing (the “Debt Financing”).

The gross proceeds of $30,000,000 from the Equity Offering and the Debt Offering will be used to expand inventory and for working capital purposes. 

Menē crafts pure 24 karat gold and platinum jewelry that is transparently sold by gram weight. 

Peterson McVicar acted for Menē Inc. with a team that included Dennis Peterson, Jonathan Clark and Domenic D’Argento.