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Agra Ventures Ltd C.AGRA

Agra Ventures Ltd. is a Canada-based diversified company focused on the international cannabis industry. The Company is engaged in the cultivation, distribution and marketing of cannabis and cannabis-infused products around the world. It has a portfolio of licensed upstream, downstream, and product formulation assets. Its primary asset in Canada is Boundary Bay Cannabis, a cannabis greenhouse facility focused on the cultivation of high-potency cannabis. The Company's wholly owned subsidiary, Farmako GmbH (Farmako), is a distributor of medical cannabis. Farmako distributes the products in its network of German pharmacies. Its products have Farmako's branding. The products initially include high potency tetrahydrocannabinol (THC) flower and balanced THC and cannabidiol (CBD) flower. Farmako has product distribution operations in Germany and in the United Kingdom.


CSE:AGRA - Post by User

Post by gillygillyon Nov 18, 2021 6:16am
292 Views
Post# 34139519

Is this for real ?

Is this for real ?Agra Ventures Ltd. (CNSX:AGRA) execution of a definitive agreement to acquire Algoma-Talisman gold prospective property in Ontario from Red Pine Exploration Inc. (TSXV:RPX) for CAD 1.1 million on August 19, 2021. Under the terms, Agra Ventures Ltd will pay CAD 0.55 on closing of the transaction and CAD 0.5 million on or before December 31, 2021. In addition, Newton will grant a net smelter royalty of 1.5% (the ?Royalty?) from mineral production on the Property to Red Pine, which can be repurchased by Newton for CAD 0.5 million. Completion of the Transaction is subject to the satisfaction or waiver of all conditions set out in the Agreement, including the receipt of all regulatory and stock exchange approvals. Closing is expected to occur in the second half of August 2021. Agra Ventures Ltd. (CNSX:AGRA) completed the acquisition of Algoma-Talisman gold prospective property in Ontario from Red Pine Exploration Inc. (TSXV:RPX) on October 28, 2021. Red Pine received the remaining CAD 0.5 million of the cash portion and Newton has granted a net smelter toyalty of 1.5% to Red Pine. Red Pine plans to use the proceeds from the sale of the Property to continue to fund the expanded exploration program at its Wawa Gold Project.
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