Canopy Rivers announces grant of options
June 13 2019 - 7:00AM
PR Newswire (Canada)
TORONTO, June 13, 2019 /CNW/ - Canopy Rivers Inc.
("Canopy Rivers" or the "Company") (TSXV: RIV) (OTC:
CNPOF) has granted incentive stock options under the Company's
stock option plan to certain officers to purchase a total of
1,263,000 subordinate voting shares at a price of $3.87 per subordinate voting share. The
options are exercisable for a period of five years, subject to the
policies of the TSX Venture Exchange.
About Canopy Rivers:
Canopy Rivers is a unique investment and operating platform
structured to pursue investment opportunities in the emerging
global cannabis sector. Canopy Rivers works collaboratively with
Canopy Growth Corporation (TSX: WEED, NYSE: CGC) to identify
strategic counterparties seeking financial and/or operating
support. Canopy Rivers has developed an investment ecosystem of
complementary cannabis operating companies that represent various
segments of the value chain across the emerging cannabis sector. As
the portfolio continues to develop, constituents will be provided
with opportunities to work with Canopy Growth and collaborate among
themselves, which Canopy Rivers believes will maximize value for
its shareholders and foster an environment of innovation, synergy
and value creation for the entire ecosystem.
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SOURCE Canopy Rivers Inc.
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