"Acquisition of Kunna Canada Ltd and its wholly-owned Colombian subsidiary, Kunna S.A.S. for up to US$7.15mn in shares to be issued at a deemed issue price of A$1.10 each; up to US$1mn in performance shares; and a US$250,000 exclusivity option payment."
No cash burn here... the current owners now have a vested interest to ensure this is successful... and they are getting the shares at the CR share price. Very happy with this outcome....
Ann: Colombian Medicinal Cannabis Acquisition, page-3
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