Brief: Vitura Health Says Possible Termination Of Services Agreement With Code4 Cannabis

Vitura Health

23/04/2024 02:26

April 23 (Reuters) - Vitura Health Ltd  VIT.AX :
    * SERVICES AGREEMENT WITH CODE4 CANNABIS
    * RECEIVED CONFIRMATION FROM CODE4 CANNABIS OF ITS INTENTION
TO
TERMINATE ITS SERVICES AGREEMENT
    * AGREEMENT WITH CANVIEW PTY. LTD.
    * VITURA AND CANVIEW DO NOT AGREE THAT C4C IS ENTITLED TO
TERMINATE SERVICES AGREEMENT AND HAS ADVISED C4C ACCORDINGLY
    * VITURA AND CANVIEW HAVE NOW ISSUED PROCEEDINGS TO RESTRAIN
C4C
FROM WITHHOLDING SERVICES
    * IN EVENT C4C CEASES TO PROVIDE SERVICES UNDER CONTRACT,
LIKELY
THERE WILL BE MATERIAL DISRUPTION TO VITURA'S OPERATIONS
    * MATERIAL DISRUPTION IN OPERATIONS MAY NOT BE FULLY
ADDRESSED BY
IMPLEMENTATION OF ITS BUSINESS CONTINUITY PLANS

Further company coverage:  VIT.AX 

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