Posts tagged Canopy Rivers
Canopy Rivers Reports First Quarter Fiscal Year 2020 Financial Results and Provides Corporate Update

Canopy Rivers Inc. released its financial results for the three months ended June 30, 2019. The Company’s unaudited condensed interim consolidated financial statements for the three months ended June 30, 2019 (“Q1 2020”), and its management’s discussion and analysis (the “MD&A”) for Q1 2020, are available under the Company’s profile on the System for Electronic Document Analysis and Retrieval (“SEDAR”) at www.sedar.com and on the Company’s website.

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Canopy Rivers Completes Previously Announced Bought Deal and Concurrent Private Placement for Total Gross Proceeds of Approximately $93.5 Million

Canopy Rivers Inc. (TSXV:RIV) (“Canopy Rivers” or the “Company”) is pleased to announce that it has closed its previously announced bought deal financing (the “Bought Deal”) of subordinated voting shares of the Company (the “Subordinated Voting Shares”) with a syndicate of underwriters (the “Underwriters”) led by CIBC Capital Markets (“CIBC”) and Eight Capital (together with CIBC, the “Joint Bookrunners”). 

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Canopy Rivers to Report Third Quarter Fiscal 2019 Financial Results

Canopy Rivers Inc. (the “Company”) (TSXV: RIV) will report its third quarter fiscal 2019 financial results after markets close on Wednesday February 27, 2019. The Company’s unaudited condensed interim financial statements and Management’s Discussion and Analysis for the three and nine months ended December 31, 2018 will be available on the Company’s profile on SEDAR at www.sedar.com and in the Investors section of the Company’s website at www.canopyrivers.com.

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Canopy Rivers Announces Investment From Canopy Growth and Bought Deal Financing for Total Gross Proceeds of $85 Million

Canopy Rivers Inc. (TSXV:RIV) (“Canopy Rivers” or the “Company”) is pleased to announce that it has entered into an agreement with CIBC Capital Markets (“CIBC”) and Eight Capital (together with CIBC, the “Joint Bookrunners”), under which the Joint Bookrunners have agreed to purchase, together with a syndicate of underwriters (the “Underwriters”), 11,500,000 subordinated voting shares of the Company (the “Subordinated Voting Shares”) on a “bought deal” basis at a price of $4.80 per Subordinated Voting Share (the “Issue Price”) for gross proceeds of approximately $55.0 million (the “Bought Deal”).

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Canopy Rivers Appoints Former OMERS Venture Capital Specialist as President

Canopy Rivers Inc. (the “Company” or “Canopy Rivers”) (TSXV: RIV) today announced that Narbe Alexandrian has been appointed as President of the Company, effective immediately. In this role, Narbe will lead the corporate development initiatives as well as manage the day-to-day business of the Company. He will report directly to Bruce Linton, Chief Executive Officer.

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