Aurora made huge money today...Everyone seems to forget that we own a piece of the action. See exhibit below. Don't forget that we get another piece when TGOD Aquisitions hits the market. AND FINANCING DEALS. More loot. Break out your calculators and see how much just from today alone.
https://www.newswire.ca/news-releases/aurora-cannabis-to-issue-return-of-capital-to-shareholders-via-spin-out-of-us-assets-686008291.html
Funding Agreement and Restricted Back-in Right
Aurora and Australis entered into the Funding Agreement on June 14, 2018 pursuant to which Aurora will advance $500,000 to Australis, in consideration for which Australis will issue to Aurora: (a) a warrant to purchase a number of Shares equal to 20% of the issued and outstanding Shares as of the date on which the Shares commence trading on the CSE, which will be exercisable for a period of ten years from the date of issue at an exercise price of $0.20 per Share, and (b) a warrant to purchase a number of Shares equal to 20% of the number of Shares issued and outstanding as of the date of exercise, which will be exercisable for a period of ten years from the date of issue at an exercise price equal to the five day volume weighted average trading price of the Shares on the CSE or such other stock exchange on which the Shares may then be listed at the time of exercise, or if the Shares are not then listed on a stock exchange at the fair market value of the Shares at the time of exercise (collectively, the "Restricted Back-in Right").
Aurora will be prohibited from exercising the Restricted Back-in Right unless all of Australis' business operations in the United States are allowed under applicable federal and state laws and Aurora has received the consent of the Toronto Stock Exchange and any other stock exchange on which Aurora may be listed, as required.
ACB long and prosper.