OTCPK:DJACF - Post by User
Comment by
bpeterson Jun 22, 2017 8:05am
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Post# 26391251
RE:RE:RE:RE:RE:License Issued
RE:RE:RE:RE:RE:License Issued Trading in the Company's common shares will remain halted until completion of the acquisition.
Completion of the acquisition of DOJA is now subject to, among other things:
- the Company completing a consolidation of its issued and outstanding share capital on a three-for-one basis,
- DOJA completing a financing for gross proceeds of at least $3,000,000 on or before May 31, 2017,
- receipt of any required shareholder, regulatory and third-party consents, the Canadian Securities Exchange having conditionally accepted the listing of the Company's common shares, the TSX Venture Exchange having consented to the voluntary delisting of the Company's common shares and the satisfaction of other customary closing conditions.
Following the completion of the acquisition, it is anticipated that the Company will be renamed DOJA Cannabis Company Limited. The acquisition is expected to close in June 2017.
Hope this helps...