Announced
Financials
Tags
Public
cannabis products
Pending
Canada
Medical Supplies
Acquisition
Synopsis
AgraFlora Organics, a growth oriented and diversified international cannabis company, announces that it intends to make an offer to acquire Eviana Health Corporation. The offer will provide holders of Eviana Shares with 1.694915 AgraFlora shares for each Eviana share based on the offer price of C$0.50 ($0.38) per Eviana share and the closing price of AgraFlora shares of C$0.295 ($0.22) on August 9, 2019. Agraflora Organics identified that there is currently no related parties between the two firms, and that it intends to present to Eviana shareholders further indepth rationale for the transaction in the coming days.
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