Aurora Cannabis and Radient Technologies Announce Extension Towards Finalizing Agreement
Canada NewsWire
VANCOUVER and EDMONTON, Oct. 23, 2017
TSX: ACB
TSXV: RTI
VANCOUVER and EDMONTON, Oct. 23, 2017 /CNW/ - Aurora Cannabis Inc. ("Aurora") (TSX: ACB) and Radient Technologies Inc. ("Radient") (TSXV: RTI) (collectively "the Corporations"), today announced that further to the companies' joint press release of June 5, 2017, both parties have agreed to a 17-day extension, through November 6, 2017, on the 140-day term under which Aurora was granted certain exclusive rights to negotiate with Radient in respect to the acquisition of certain exclusive rights to use Radient's technology and processes, as further set out in the original memorandum of understanding, dated December 13, 2016. Good progress has been made towards finalizing the agreement, and both parties have agreed that the inclusion in the negotiations of certain additional items warrants an extension to the original 140-day term.