Thursday, September 13, 2018

QualityStocksNewsBreaks – Canopy Rivers Corp. and AIM2 Ventures Inc. (TSXV: AIMB.P) Shareholders Vote in Favor of Qualifying Transaction


Canopy Rivers Corporation and AIM2 Ventures Inc. (TSXV: AIMB.P) (“AIM2”) recently announced that the shareholders of the respective companies have voted in favor of all matters concerning the companies’ business combination that will result in in a reverse take-over (“RTO”) of AIM2 by Canopy Rivers. The transaction will also constitute AIM2’s qualifying transaction. AIM2 shareholders also agreed to all matters at the meeting including increasing the size of the AIM2 board, the election of all proposed board members, the name change to Canopy Rivers Inc., the consolidation of its existing common shares on a 26.565 for 1 basis, the adoption of a new stock option plan, and the implementation of a dual class voting structure, including the creation of a new class of subordinated voting shares and a new class of multiple voting shares. The approved name change, consolidation, and implementation of the new voting structure are expected to be implemented directly before the closing of the transaction. Subject to final approval of the TSXV, the close of the transaction is anticipated on or about September 17, 2018.

To view the full press release, visit http://ibn.fm/JVnpw

About Canopy Rivers

Canopy Rivers is a unique investment and operating platform structured to pursue investment opportunities in the emerging global cannabis sector. Canopy Rivers works collaboratively with Canopy Growth (TSX: WEED, NYSE: CGC) to identify strategic counterparties seeking financial and/or operating support. Canopy Rivers has developed an investment ecosystem of complementary cannabis operating companies that represent various segments of the value chain across the emerging cannabis sector. As the portfolio continues to develop, constituents will be provided with opportunities to work with Canopy Growth and collaborate among themselves, which Canopy Rivers believes will maximize value for its shareholders and foster an environment of innovation, synergy and value creation for the entire ecosystem. For more information, visit the company’s website at www.CanopyRivers.com.

About QualityStocksNewsBreaks

QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.

QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php


No comments: