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Aurora Cannabis has granted Peltz alternatives to obtain practically 20 million frequent shares at $10.34 per share.

Aurora Cannabis shares saw an uptick following news that it has appointed U.S. billionaire Nelson Peltz as a strategic adviser and provided him the selection to purchase a stake in the business.

The Edmonton-primarily based cannabis business says it has granted Peltz alternatives to obtain practically 20 million frequent shares at $10.34 per share, slightly beneath Tuesday’s closing price tag.

The shares had been up roughly 10 per cent in late morning trading, increasing to $11.67 — up from Tuesday’s close of $10.64. The stock had been as higher as $12.33 in earlier trading.

– Study the whole write-up at CBC News.



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