Village farms international says village farms to own 57.4% of pure sunfarms
Village farms international and emerald health therapeutics announce settlement agreement - village farms to own 57.4% of pure sunfarms.village farms - under settlement, 5.9 million shares of pure sunfarms in escrow pending emerald's c$5.94 million equity contribution to be cancelled.village farms international- emerald will forfeit & waive repayment by pure sunfarms of its outstanding c$13.0 million shareholder loan to pure sunfarms.village farms international- village farms and emerald will mutually release each other from all claims related to or arising from disputes.village farms international - emerald will issue a promissory note to pure sunfarms in amount of c$952,237.village farms international inc - village farms has made an additional equity contribution to pure sunfarms of c$8.0 million in 2020.village farms international - emerald has agreed that co will receive additional shares in pure sunfarms to reflect additional equity contribution.village farms international inc - any incremental financial impact will be recognized by pure sunfarms in q1 of 2020.village farms -upon closing of transactions as per settlement agreement, pure sunfarms will recognize c$8.1 million in sales in 2019.
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