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MarketScreener Homepage  >  Equities  >  CANADIAN NATIONAL STOCK EXCHANGE  >  Agrios Global Holdings Ltd.    AGRO   CA00856K1003

AGRIOS GLOBAL HOLDINGS LTD.

(AGRO)
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Agrios Global Holdings Ltd :. Amends Warrants

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02/14/2020 | 08:02pm EST

(via TheNewswire)



Vancouver BC -TheNewswire- February 14, 2020- Agrios Global Holdings Ltd.
(CSE:AGRO) (CNSX:AGRO.CN)(OTC:AGGHF)(FSE: OSA - WKN-A2N62K) ("Agrios" or the "Company") announces it has filed documentation with the Canadian Securities Exchange (the "Exchange" or the "CSE") to amend the terms of warrants issued on March 2, 2018.

The Company has amended the terms of an aggregate of920,132common share purchase warrants (the "Warrants") issued pursuant to a non-brokered private placement (the "Private Placement") which closed on March 2, 2018. The Warrants originally issued are exercisable into common shares in the capital of the Company at an exercise price of $0.50 per common share, with the Warrants expiring on March 2, 2020. These Warrants will be amended by extending the expiry date of the Warrants to March 2, 2021.

About Agrios Global Holdings Ltd.

Agrios Global Holdings is a data analytics-driven agriculture technology and services company advancing the latest innovations in indoor growing science. The Company owns, leases and manages properties and equipment for eco-sustainable agronomy and provides advisory services to support all aspects of aeroponic cultivation in the cannabis sector. Agrios is actively pursuing new opportunities to expand its portfolio of tenant growers and infrastructure assets in strategic licensed jurisdictions. Based in Vancouver, BC. Agrios is managed by a highly accomplished team of experienced industry and capital markets experts who are committed to the growth of the company.

For further information please contact:

Ute Koessler
T: 604-336-2444

investor@agriosglobal.com

This news release was prepared by management of Agrios, which takes full responsibility for its contents. The Canadian Securities Exchange ("CSE") has not reviewed and does not accept responsibility for the adequacy of this news release. Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

Forward Looking Statements

Statements in this news release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed here and elsewhere in Agrios' periodic filings with Canadian securities regulators. When used in this news release, words such as "will, could, plan, estimate, expect, intend, may, potential, believe, should," and similar expressions, are forward-looking statements.

Forward-looking statements may include, without limitation, statements related to corporate strategy and Agrios' ability to execute such strategy, future developments regarding Agrios' expansion into various markets including numerous states within the United States of America, and into Asia, expected costs of hemp fiber, intended development and sales of hemp products, market demand for hemp products, and the business and operations of Agrios as it relates to the Yunnan Province

Although Agrios has attempted to identify important factors that could cause actual results, performance or achievements to differ materially from those contained in the forward-looking statements, there can be other factors that cause results, performance or achievements not to be as anticipated, estimated or intended, including, but not limited to: dependence on obtaining regulatory approvals; investing in target companies or projects which havelimited or no operating history and are engaged in activities currently considered illegal under US Federal laws; change in laws; limited operating history; reliance on management; requirements for additional financing; competition; hindering market growth and state adoption due to inconsistent public opinion and perception of the medical-use and adult-use marijuana industry and; regulatory or political change.

There can be no assurance that such information will prove to be accurate or that management's expectations or estimates of future developments, circumstances or results will materialize. Because of these risks and uncertainties, the results or events predicted in these forward-looking statements may differ materially from actual results or events.

Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements in this news release are made as of the date of this release. Agrios disclaims any intention or obligation to update or revise such information, except as required by applicable law, and Agrios does not assume any liability for disclosure relating to any other company mentioned herein.

###

Copyright (c) 2020 TheNewswire - All rights reserved.

Copyright (c) 2020 TheNewswire - All rights reserved., source Press Releases

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Financials (USD)
Sales 2020 8,40 M
EBIT 2020 -0,43 M
Net income 2020 -0,50 M
Finance 2020 1,68 M
Yield 2020 -
P/E ratio 2020 -
P/E ratio 2021 -
EV / Sales2020 1,02x
EV / Sales2021 2,40x
Capitalization 10,2 M
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Income Statement Evolution
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Mean consensus BUY
Number of Analysts 1
Average target price 0,94  $
Last Close Price 0,11  $
Spread / Highest target 736%
Spread / Average Target 736%
Spread / Lowest Target 736%
EPS Revisions
Managers
NameTitle
Chris Kennedy President, Chief Executive Officer & Director
James F. Foster Executive Chairman
Vania Gaudia Vice President-Operations
Larry Ellison CFO & Chief Administrative Operating Officer
Andrew Lange Chief Technology Officer & Director
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