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Tag Archives: Colcanna

Aphria Closes Acquisition of Assets in Latin America and the Caribbean

LEAMINGTON, ON, Sept. 27, 2018 /CNW/ - Aphria Inc. ("Aphria" or the "Company") (TSX: APH and US OTC: APHQF) today announced that it has closed the acquisition of LATAM Holdings Inc. ("LATAM Holdings") from Scythian Biosciences (CSE:SCYB; Frankfurt: 9SB; OTC – Nasdaq Intl: SCCYF).  The Transaction was funded by the assumption of US$1 million of existing LATAM Holdings debt with the remaining consideration funded by the issuance of 15,678,310 common shares of Aphria.  The closing was pursuant to the terms of the definitive share purchase agreement (the "Agreement") previously announced by the Company on July 17, 2018.
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