Proactive Investors - Run By Investors For Investors

Harvest One says transaction with Delivra expected to close shortly as shareholders approve move

The firm said it expects the transaction to close on July 3
Cannabis leaf
Harvest One and Delivra said they expect the transaction to be completed on July 3, 2019

Harvest One Cannabis Inc (CVE:HVT)(OTCMKTS:HRVOF) announced Friday that it expects its transaction with Delivra to close on July 3, thanks to the approval of shareholders. 

The firm is aiming to acquire Delivra, with each shareholder entitled to receive 0.595 of a common share of Harvest One in exchange for each Delivra share held.

The company said in a statement that 99.98% of shareholders voted in favour of the transaction and Delivra has obtained a final order by the Ontario Superior Court of Justice for the transaction.

READ: Harvest One to distribute Satipharm CBD Gelpell capsules in UK and Ireland

Together, the firms said they have continued to work together to complete the transaction in accordance with the terms of the arrangement agreement dated March 3, 2019 between the parties. 

Harvest One and Delivra said they expect the transaction to be completed on July 3, 2019. 

Contact Katie Lewis at [email protected]

Join Proactive’s Crypto, Blockchain and Cannabis Telegram group here
View full HVT profile View Profile

Harvest One Cannabis Inc Timeline

Newswire
May 02 2019

Related Articles

Cannabis leaf
November 19 2018
With the legalisation of recreational cannabis in Canada in October, and the US expected to follow suit, the company has its sights set on building up the very best in the industry
cannabis
August 28 2018
Tidal Royalty provides capital to help grow licenced US cannabis firms in exchange for receiving a percentage of future top-line revenues.
data graphic
March 22 2019
The Toronto company is busy meeting what it says is significant demand by building a data asset covering the medical cannabis sector
Copyright © Proactiveinvestors.com, 2019. All Rights Reserved - Proactive Investors North America Inc., Proactive Investors LLC

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use