Brief: Sunniva Announces Termination Of Sale Of Sunniva Medical To CannaPharmaRx

Sunniva

08/06/2020 12:48

June 8 (Reuters) - Sunniva Inc  SNN.CD :
    * SUNNIVA INC. ANNOUNCES TERMINATION OF PREVIOUSLY ANNOUNCED
SALE
OF SUNNIVA MEDICAL INC. TO CANNAPHARMARX, INC. AND AGREEMENT TO
SELL ITS OKANAGAN FALLS PROPERTY FOR CA$9,000,000
    * SUNNIVA INC - 1167025 B.C. LTD ENTERED INTO A PURCHASE AND
SALE
AGREEMENT WITH AN INDEPENDENT REAL ESTATE INVESTMENT FUND
    * SUNNIVA INC - 1167025 B.C. LTD TO SELL THE OK FALLS
PROPERTY TO
INDEPENDENT REAL ESTATE INVESTMENT FUND FOR C$9 MILLION
    * SUNNIVA INC - WILL RETAIN OWNERSHIP OF SMI AND 1167025
B.C. LTD.
AND VARIOUS EQUIPMENT AND ASSETS CURRENTLY ON SITE

Source text for Eikon:  ID:nCNWgF239a 
Further company coverage:  SNN.CD 

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