InvestorsHub Logo
Followers 3
Posts 401
Boards Moderated 0
Alias Born 07/09/2018

Re: None

Tuesday, 08/28/2018 9:56:59 PM

Tuesday, August 28, 2018 9:56:59 PM

Post# of 1002
TORONTO, Aug. 23, 2018 /CNW/ - Canopy Rivers Corporation ("Canopy Rivers"), the venture capital investment platform of Canopy Growth Corporation (TSX:WEED) (NYSE:CGC) ("Canopy Growth"), is pleased to announce that it has set a date of September 12, 2018, for its upcoming shareholder meeting in connection with the proposed business combination involving AIM2 Ventures Inc. ("AIM2") and Canopy Rivers (the "Go Public Transaction").

As previously announced, Canopy Rivers has entered into a definitive amalgamation agreement with AIM2, which outlines the terms and conditions pursuant to which the parties will complete the Go Public Transaction. The Go Public Transaction will result in a reverse take-over of AIM2 by Canopy Rivers and will constitute AIM2's "Qualifying Transaction" under Policy 2.4 – Capital Pool Companies of the TSXV Corporate Finance Manual.

Subject to receipt of all required approvals, including the final approval of the TSX Venture Exchange (the "TSXV"), the Go Public Transaction is expected to close and the subordinated voting shares of the resulting issuer are expected to commence trading on the TSXV under the symbol "RIV" during the week of September 17, 2018.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent RIV News