09:47 AM EST - BevCanna Enterprises Inc. : Announced that further to its news releases dated November 24, 2020 and December 12, 2020, it has entered into an amended and restated agreement dated January 31, 2021 with Naturo Group Investments Inc. The parties have also completed the exchange of disclosure schedules, one of the precedent conditions of the Definitive Agreement. Upon completion of the transaction, Naturo will become a wholly-owned subsidiary of BevCanna and the Company will carry on the combined business of BevCanna and Naturo. There will be no change in management of BevCanna on closing. The Transaction is expected to close in the next 10 days. The coming together of these two emerging industry leaders will create a diversified health and wellness beverage and natural products company, with proforma $55M+ in assets on the balance sheet, and a multi-channel sales and distribution network positioned for growth. BevCanna Enterprises Inc.
shares C.BEV are trading down 4 cents at $0.96.
