Brief: Organto Agrees To Sell Colombian Cannabis Subsidiary

Organto Foods

27/06/2019 13:39

June 27 (Reuters) - Organto Foods Inc  OGO.V :
    * PRESS RELEASE - ORGANTO AGREES TO SELL COLOMBIAN CANNABIS
SUBSIDIARY
    * ORGANTO FOODS INC SAYS TO SELL SHARES OF MEDICANNABIS
S.A.S., TO
XEBRA BRANDS LTD. FOR COMBINATION OF SHARES OF XEBRA, CASH AND
FORGIVENESS OF DEBT
    * ORGANTO FOODS - UNDER TERMS OF AGREEMENT, ORGANTO, FORMER
SHAREHOLDERS, CERTAIN ADVISORS OF MEDICANNABIS WILL RECEIVE
TOTAL OF 10 MILLION SHARES OF XEBRA
    * ORGANTO FOODS INC SAYS XEBRA INTENDS TO SEEK A PUBLIC
LISTING ON
TSX VENTURE EXCHANGE

Source text for Eikon:  ID:nCNWbQ24pa 
Further company coverage:  OGO.V 

 ((Reuters.Briefs@thomsonreuters.com;))