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Vinery announces amendment to definitive agreement

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gramara   Tuesday, 08/22/17 10:19:04 PM
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Vinery announces amendment to definitive agreement

Amending Agreement
Pursuant to the terms of the Amending Agreement, the Company will, upon closing of the Transaction, issue to MJ BioPharma shareholders an aggregate of 4,000,000 common shares in the capital of the Company (the "Payment Shares") at a deemed price of CDN$0.20 per Payment Share. Previously, the Company was to issue 9,750,000 Payment Shares. The Payment Shares will be subject to escrow conditions and/or resale restrictions as required by applicable securities laws and the policies of the Canadian Securities Exchange (the "CSE"). In addition, the termination date has been extended to September 30, 2017.
http://www.marketwired.com/press-release/vinergy-resources-announces-amending-agreement-definitive-agreement-with-mj-biopharma-cse-vin-2230911.htm


Looks like they are getting MJ Biopharma for cheaper than before??


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