DENVER, Colo., July 19, 2019- (24/7MarketNews via COMTEX) Venture Market News for July 19, 2019.
Riviera Resources Announces Final Results of Its Tender Offer
HOUSTON, July 19, 2019 (GLOBE NEWSWIRE) — Riviera Resources, Inc. (OTCQX: RVRA) (“Riviera” or the “Company”) announced today the final results of its tender offer to purchase for cash up to 2,666,666 shares of its common stock (the “shares”) at a purchase price of $15.00 per share, which expired at 11:59 p.m., New York City time, on Tuesday, July 16, 2019.
Columbia Care Announces Launch of Share Repurchase Program
Columbia Care Inc. (NEO:CCHW) (OTCQX:CCHWF) (FSE:3LP) (“Columbia Care” or the “Company”), one of the largest fully integrated operators in the global medical cannabis industry with licenses across the US and EU, today announced its intention to commence a normal course issuer bid (the “Repurchase Program”) to purchase up to an aggregate of USD $25 million in common shares of the Company (the “Common Shares”). The actual number of Common Shares that may be purchased under the Repurchase Program and the exact timing of such purchases will be determined by the Company.
CannMart Provides Update on New Products and Licensed Producers
TORONTO, July 19, 2019 /PRNewswire/ – Namaste Technologies Inc. (“Namaste” or the “Company“) (TSXV: N) (FRANKFURT: M5BQ) (OTCMKTS: NXTTF) today announced the signing of three new agreements with Canadian licensed producers (“LP“), further expanding the breadth of products offered within its online cannabis marketplace. Included in the list of new LPs is Agro-Greens Natural Products Ltd. (“Agro-Greens“), of Macklin, SK and PureSinse Inc. (“PureSinse“) of Brampton, ON. The Agro-Greens and Puresinse agreements help solidify Namaste’s, and its online platform CannMart’s, new fee-based model based on consignment versus traditional buy and sell. This new model allows CannMart to manage working capital and the LPs to retain their brand loyalty.
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