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DOJA Cannabis Company Limited

09:37 AM EST - DOJA Cannabis Company Limited : Announced this morning the closing of its previously announced non-brokered private placement of subscription receipts whereby Aphria Inc. (TSX:APH and US OTC: APHQF) and Koicha Partners LP acquired from DOJA an aggregate of 8,992,807 Subscription Receipts of the Company at a price per Subscription Receipt of $1.39 for gross proceeds of $12,500,001.73. The financing supports the strategic positioning of Hiku Brands Company Ltd., the anticipated combined company resulting from the merger of DOJA and TS Brandco Holdings Inc. DOJA Cannabis Company Limited shares DOJA:CNX are trading up 44 cents at $3.43.