Aurora Cannabis Provides Preliminary Update on Convertible Debenture Temporary Early Amended Conversion Privilege
EDMONTON , Nov. 19, 2019 /CNW/ – Aurora Cannabis Inc. (the “Company” or “Aurora”) (NYSE │ TSX: ACB), the Canadian company defining the future of cannabis worldwide, announced today that the Company has received notice from holders of the Company’s CAD $230 million 5% unsecured, convertible debentures due March 9, 2020 (the “Debentures”), representing approximately CAD $216 million principal amount, or approximately 94%, of the Debentures, voluntarily electing to convert their Debentures pursuant to the alternate settlement procedures as outlined in the indenture dated March 9, 2018 , as supplemented by the first supplemental indenture dated November 14, 2019 , between the Company and Computershare Trust Company of Canada (the “Supplemented Indenture”). The Company will issue a press release on November 22, 2019 after the close of trading of the stock exchanges, confirming the Amended Early Conversion Price (as defined in the Supplemented Indenture) and the Amended Early Conversion Ratio (as defined in the Supplemented Indenture). READ MORE: https://finance.yahoo.com/news/aurora-cannabis-provides-preliminary-convertible-130000559.html?.tsrc=rss The post Aurora Cannabis Provides Preliminary Update on Convertible Debenture Temporary Early Amended Conversion Privilege appeared first on Cannabis Daily.
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