Brief: Neptune Announces Binding Agreement For Divestiture Of Cannabis Assets
17/10/2022 14:43
Oct 17 (Reuters) - Neptune Wellness Solutions Inc
NEPT.O :
* NEPTUNE ANNOUNCES BINDING AGREEMENT FOR DIVESTITURE OF
CANNABIS
ASSETS
* NEPTUNE WELLNESS SOLUTIONS INC - HAS REACHED AN AGREEMENT
WITH
PURCANN PHARMA
* NEPTUNE WELLNESS SOLUTIONS INC - PROPOSED DEAL FOR C$5.15
MILLION TO BE PAID IN CASH.
* NEPTUNE WELLNESS SOLUTIONS INC - INTENDS TO USE NET
PROCEEDS
FROM SALE OF THESE ASSETS TO FOR WORKING CAPITAL AND OTHER
GENERAL CORPORATE PURPOSES
Source text for Eikon: ID:nPnbhGtKxa
Further company coverage: NEPT.O
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