Brief: Kitrinor Metals, Scythian Biosciences announce reverse takeover transaction

SOL Global Investments

21/02/2017 15:04

Feb 21 (Reuters) - Kitrinor Metals Inc  KIT.V : 
    * Kitrinor Metals Inc. and Scythian Biosciences Inc. 
announce reverse takeover transaction and concurrent financing 
for up to $10 million with strategic lead investment from Aphria 
Inc. 
    * Prior to completion of proposed deal, Scythian to complete 
consolidation of issued and outstanding common shares on a 4 for 
1 basis 
    * Company and Scythian will complete proposed transaction by 
way of a three-cornered amalgamation 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nCCN5XT0PT 
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