Halo Collective Today Announces the Completion of its At-the-Market Offering

Halo Collective Inc. (“Halo” or the “Company”) (NEO: HALO) (OTCQB: HCANF) (Germany: A9KN) today announces that it has completed its previously announced at-the-market equity financing program (the “ATM Program”).  Under the ATM Program, the Company sold an aggregate of 433,426,063 common shares of the Company (“Common Shares”) between May 4, 2021, and September 17, 2021. The Common Shares were sold at prevailing market prices for aggregate gross proceeds of approximately C$20,000,000.

Distributions of the Common Shares through the ATM Program were made pursuant to the terms of an equity distribution agreement dated May 4, 2021, by and among the Company and PI Financial Corp.

The Company expects to use the net proceeds from the ATM Program for general corporate purposes, which may include: (i) working capital; (ii) capital expenditures; and (iii) debt repayments.

The offering under the ATM Program was made pursuant to a prospectus supplement dated May 4, 2021 (the “Prospectus Supplement”) to the Company’s short form base shelf prospectus dated September 2, 2020 (the “Base Shelf Prospectus”). The Prospectus Supplement and the Base Shelf Prospectus are available on the SEDAR website maintained by the Canadian Securities Administrators at www.sedar.com

No securities regulatory authority has either approved or disapproved of the contents of this press release. This press release is for information purposes only and does not constitute an offer to sell or the solicitation of an offer to buy the Common Shares, nor shall there be any sale of the sesecurities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

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