Aphria Inc fka APHA

[Goodbuddy4863]

Great Earnings are announced:

EBITDA increases 181% in the quarter, exceeding $2.8 million:

https://finance.yahoo.com/news/ebitda-increases-181-quarter-exceeding-120000197.html

"Seventh consecutive quarter of positive EBITDA. $2.8 million in EBITDA in the quarter, a 181% increase from the prior quarter, and $6.1 million for the year, a 962% increase year-over-year.
Increased our annual production capacity expectations for Part II (to 9,000 kgs), Part III (to 30,000 kgs) & to Part IV (100,000 kgs) expansion projects.
Received Health Canada approval for our Part II expansion. First harvest in the new expansion will occur in the middle of July. First sale, from the plants grown in the expansion, is expected in mid-August 2017 (late in Q1).
Improved "all-in" costs to produce dried cannabis per gram from $2.23 to $1.67 in the quarter, a decrease of 25%.
Improved cash costs to produce dried cannabis per gram from $1.73 to $1.11 in the quarter, a decrease of 36%, based on Aphria's definition. Some of our competitors are using a definition different from Aphria's for cash costs to produce. Applying their definition to our results, Aphria's cash cost to produce per gram decreased from $1.42 to $0.79, a decrease of 44%.
Exercised our conversion rights on the unsecured convertible debentures of SecureCom Mobile Inc. ("SecureCom") in exchange for 4,000,000 shares and exercised our warrant, purchasing an additional 4,000,000 shares @ $0.08 per share bringing our total investment in SecureCom to 8,000,000 shares at a cost of $520,000. As at May 31, 2017, the fair value of the SecureCom shares was $1,664,000.
Licensed the use of the Aphria Know-How System, as further detailed in the MD&A being filed concurrently with this release, to DFMMJ Investments, Ltd. ("DFMMJ"), in exchange for 192,400,000 shares in DFMMJ.
Invested approximately $25 million in DFMMJ, which DFMMJ used, along with other monies raised via a private placement, to acquire all or substantially all of the assets of Chestnut Hill Tree Farm LLC, in exchange for in excess of 120,000,000 shares of DFMMJ, in addition to our existing DFMMJ shares.
Received final approval to list on the Toronto Stock Exchange ("TSX"). Shares commenced trading on the TSX and were delisted from the TSX-Venture Exchange on March 22, 2017.
Closed May bought deal and debt financing raising over $105 million in additional proceeds to fully fund our Part IV expansion project, fully fund our working capital needs after completion of the expansion project and raised funds for additional strategic investments."

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