Brewery takes equity to the crowd

Marlborough’s Renaissance Brewing hope to raise up to $700,000 through equity crowdfunding when its campaign goes live next week.

The firm will offer 350,000 shares, or 12.28 per cent of the company, through equity crowdfunding platform The Snowball Effect, which aims to help New Zealand businesses by raising growth capital through sales of very small share lots to many people.

http://www.stuff.co.nz/business/10352961/Brewery-takes-equity-to-the-crowd

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