Brief: Canadabis Capital Acquires Goldstream Cannabis

CanadaBis Capital

13/08/2019 13:52

Aug 13 (Reuters) - CanadaBis Capital Inc  CANB.V :
    * CANADABIS CAPITAL ACQUIRES GOLDSTREAM CANNABIS INC.
    * CANADABIS CAPITAL INC - ENTERED INTO AN AGREEMENT TO
ACQUIRE 95%
OF OUTSTANDING SHARES OF GOLDSTREAM CANNABIS INC
    * CANADABIS CAPITAL - ACQUISITION OF 95% INTEREST IS VALUED
AT
$3.5 MILLION WHICH INCLUDES EXISTING LEASE, $2 MILLION IN CASH
AND NO OUTSTANDING LIABILITIES
    * CANADABIS CAPITAL INC TO ACQUIRE OWNERSHIP OF 95% OF
GOLDSTREAM
BY ISSUING 11.7 MILLION COMMON SHARES OF CANADABIS PRICED AT
$0.30 PER SHARE

Source text for Eikon:  ID:nCNWCQzxZa 
Further company coverage:  CANB.V 

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