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CubicFarm Systems Corp

12:08 PM EST - CubicFarm Systems Corp : Today announced the closing of its overnight marketed public offering of 6,540 unsecured convertible debenture units of the company at a price of $1,000 per Debenture Unit for total gross proceeds of $6,540,000 and 7,361,000 common shares of the Company at a price of $0.55 per Common Share for total gross proceeds of $4,048,550. In aggregate, total gross proceeds were $10,588,550, which is inclusive of the partial exercise of the overallotment option. CubicFarm Systems Corp shares T.CUB are trading unchanged at $0.52.