Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
News Focus
Ciscom Corp. Strengthens Its Board of Directors with Addition of Two Experienced Industry Leaders (click to learn more) Silver North Options GDR Silver Project, Silvertip-Midway District, Yukon (click to learn more)
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Auxly Cannabis Group Inc T.XLY

Alternate Symbol(s):  CBWTF

Healthcare
Auxly Cannabis Group Inc. is a Canada-based consumer packaged goods company in the cannabis products market. The Company is focused on developing, manufacturing and distributing branded cannabis products. The Company's brands include Parcel, Back Forty, Foray, Dosecann and Kolab Project. It provides various products, including vaporizers, edibles, dried flowers, pre-rolls, capsules and oils and concentrates. The Company's subsidiaries include Auxly Charlottetown Inc., Auxly Ottawa Inc., Auxly Annapolis Inc., Auxly Annapolis OG Inc., and Auxly Leamington Inc.


TSX:XLY - Post by User

Auxly Cannabis Group Inc > Imperial Brand buys 19.8% Stake in Auxly at $0.81 per share!
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(487)
•••
Comment by 1hot-techwomanon Mar 28, 2024 6:41am
50 Views
Post# 35957328

RE:Imperial Brand buys 19.8% Stake in Auxly at $0.81 per share!

RE:Imperial Brand buys 19.8% Stake in Auxly at $0.81 per share!
1hot-techwoman wrote: For Grand total of $123 Million !!  So if you think .06 per share is a Great deal you would be Right :) !!!


IMPERIAL BRANDS PLC EXTENDS $123 MILLION CONVERTIBLE DEBENTURE AND AUXLY IMPLEMENTS BOARD AND MANAGEMENT CHANGES

NEWS PROVIDED BY

Auxly Cannabis Group Inc. 

Jul 26, 2023, 16:45 ET

TORONTO, July 26, 2023 /CNW/ - Auxly Cannabis Group Inc. (TSX: XLY) (OTCQB: CBWTF) ("Auxly" or the "Company"), a leading consumer packaged goods company in the cannabis products market, is pleased to announce an agreement with its strategic partner, Imperial Brands PLC ("Imperial Brands") to amend certain provisions of its previously issued $123 million debenture (the "Debenture) dated September 25, 2019 as amended on July 6, 2021 (the "Amendment"). Pursuant to the Amendment, Imperial Brands and Auxly have agreed to extend the maturity date of the Debenture by 24 months from September 25, 2024 to September 25, 2026. The parties anticipate the Amendment to come into effect on August 16, 2023.

The Debentures are convertible into Common Shares at a price of .81 per share at any time prior to the close of business on the business day immediately preceding maturity.  Auxly remains Imperial Brands' exclusive global partner for any future development, manufacture, commercialization, sale and distribution of cannabis products





:)

<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities