NetworkNewsBreaks – Supreme Cannabis Company Inc
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Posted On: 08/14/2019 4:11:50 PM
NetworkNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Announces Closing of Truverra Inc. Acquisition
Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) on Tuesday announced the closing of its acquisition of all of the issued and outstanding shares of privately-held Truverra Inc. According to the update, the transaction was completed by way of a three-cornered amalgamation. 2708300 Ontario Ltd., a wholly-owned subsidiary of Supreme Cannabis, combined with Truverra to form a newly amalgamated company that will operate under the name “Truverra Inc.” as a wholly-owned subsidiary of the company. Consideration for the transaction, which was previously announced by Supreme Cannabis on July 17, 2019, consisted of the issuance of approximately 14.7 million common shares of Supreme to shareholders of Truverra.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) on Tuesday announced the closing of its acquisition of all of the issued and outstanding shares of privately-held Truverra Inc. According to the update, the transaction was completed by way of a three-cornered amalgamation. 2708300 Ontario Ltd., a wholly-owned subsidiary of Supreme Cannabis, combined with Truverra to form a newly amalgamated company that will operate under the name “Truverra Inc.” as a wholly-owned subsidiary of the company. Consideration for the transaction, which was previously announced by Supreme Cannabis on July 17, 2019, consisted of the issuance of approximately 14.7 million common shares of Supreme to shareholders of Truverra.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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