DENVER, Colo., May 24, 2019- (24/7MarketNews via COMTEX) Venture Market News for May 24, 2019.
Riviera Resources Announces Sale of Michigan Properties for $44.5 Million
HOUSTON, May 23, 2019 (GLOBE NEWSWIRE) — Riviera Resources, Inc. (OTCQX: RVRA) (“Riviera” or the “Company”) announces it has signed a definitive agreement to sell its interest in properties located in Michigan to an undisclosed buyer for a contract price of $44.5 million, subject to closing adjustments. The Company expects the transaction will close in the second quarter of 2019 and estimates net proceeds of approximately $41 million. This transaction is subject to satisfactory completion due diligence, as well as the satisfaction of closing conditions.
OTC Markets Group Welcomes Planet 13 Holdings Inc. to OTCQX
NEW YORK, May 24, 2019 /PRNewswire/ — OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced Planet 13 Holdings Inc. (CSE: PLTH; OTCQX: PLNHF), a vertically integrated cannabis company based in Nevada, has qualified to trade on the OTCQX® Best Market. Planet 13 Holdings upgraded to OTCQX from the OTCQB® Venture Market.
TGOD Secures Supply Agreement with Alberta
TORONTO, May 24, 2019 /PRNewswire/ – The Green Organic Dutchman Holdings Ltd. (the “Company” or “TGOD”) (TSX:TGOD) (US:TGODF) is pleased to announce that it has secured a cannabis supply agreement with Alberta Gaming, Liquor & Cannabis (“AGLC”), further expanding its footprint in Western Canada. AGLC, under the brand Alberta Cannabis, is Alberta’s legal, non-medical online cannabis store.
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