Oct 24 (Reuters) - Trius Investments Inc TRUh.V :
* TRIUS AND AFRICAN CANNABIS ENTER INTO LETTER OF INTENT
FOR
PROPOSED REVERSE TAKEOVER TRANSACTION
* TRIUS INVESTMENTS - IN CONNECTION WITH RTO TRANSACTION,
AFRICAN
CANNABIS INTENDS TO COMPLETE SUBSCRIPTION RECEIPTS TO RAISE
PROCEEDS OF UP TO C$15 MILLION
* TRIUS INVESTMENTS - UPON COMPLETION OF RTO TRANSACTION,
COMBINED
ENTITY TO CONTINUE TO CARRY ON BUSINESS OF AFRICAN CANNABIS
Source text for Eikon: ID:nGNX7DvXZh
Further company coverage: TRUh.V
((Reuters.Briefs@thomsonreuters.com;))