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.