Dec 15 (Reuters) -
* VERANO HOLDINGS ENTERS INTO AN AGREEMENT FOR A GO-PUBLIC TRANSACTION IN CONJUNCTION WITH ALTMED MERGER
* VERANO HOLDINGS - CONCURRENT SUBSCRIPTION RECEIPT OFFERING IS BEING CONDUCTED WHICH IS EXPECTED TO RAISE BETWEEN US$50 MILLION AND US$100 MILLION
* VERANO HOLDINGS - SUBSCRIPTION RECEIPTS ARE ANTICIPATED TO BE PRICED AT US$10 PER SUBSCRIPTION RECEIPT
* VERANO HOLDINGS - SUBSCRIPTION RECEIPTS PRICE IS BASED ON A US$2.8 BILLION PRE-MONEY VALUATION OF RESULTING ISSUER
* VERANO HOLDINGS - CANACCORD GENUITY CORP, BEACON SECURITIES LIMITED HAVE BEEN ENGAGED AS CO-LEAD AGENTS AND CO-BOOKRUNNERS IN FINANCING
* VERANO HOLDINGS - VERANO PARTICIPATING IN REVERSE TAKEOVER OF MAJESTA MINERALS; RESULTING CANADIAN REPORTING CO BEING NAMED "VERANO HOLDINGS CORP"