Mr. Terry Booth reports
AURORA CANNABIS PROVIDES PRELIMINARY UPDATE ON CONVERTIBLE DEBENTURE TEMPORARY EARLY AMENDED CONVERSION PRIVILEGE
Aurora Cannabis Inc. has received notice from holders of the company's $230-million 5 per cent unsecured, convertible debentures due March 9, 2020, representing approximately $216-million principal amount, or approximately 94 per cent, of the debentures, voluntarily electing to convert their debentures pursuant to the alternate settlement procedures as outlined in the indenture dated March 9, 2018, as supplemented by the first supplemental indenture dated Nov. 14, 2019, between the company and Computershare Trust Company of Canada.
The company will issue a press release on Nov. 22, 2019, after the close of trading of the stock exchanges, confirming the amended early conversion price (as defined in the supplemented indenture) and the amended early conversion ratio (as defined in the supplemented indenture).
Debentureholder contact
The company has retained Laurel Hill Advisory Group as solicitation agent. Debentureholders may contact Laurel Hill toll-free in North America at 1-877-452-7148 or collect outside North America at 1-416-304-0211.
About Aurora Cannabis Inc.
Headquartered in Edmonton, Alta., Canada, with financed capacity in excess of 625,000 kilograms per annum and sales and operations in 25 countries across five continents, Aurora is one of the world's largest and leading cannabis companies.
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