BRIEF-Labat Africa ConcludS Agreement With Highly Creative To Obtain Additional Cannabis Licence

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  • Stock Market News
BRIEF-Labat Africa ConcludS Agreement With Highly Creative To Obtain Additional Cannabis Licence
Credit: © Reuters.

Nov 22 (Reuters) - Labat Africa Ltd LABJ.J :

* JSE: LAB - WITHDRAWAL OF CAUT, ISSUE OF FINAL TERMS RE CANNABIS BUSINESS, ACQUISITION OF MEDIGROW AFRICA & RENEWAL OF CAUT

* LABAT AFRICA LTD - CONCLUDED AN AGREEMENT WITH HIGHLY CREATIVE TO OBTAIN AN ADDITIONAL CANNABIS LICENCE

* LABAT AFRICA - FURTHER CONCLUDED AGREEMENT WITH ZCMA HOLDINGS TO ACQUIRE A 80% INTEREST IN ONE OF ZCMA'S LESOTHO BASED OPERATIONS

* LABAT AFRICA - ACQUISITION FOR HEALTHY CORP FOR R20 MILLION TO BE SETTLED VIS ISSUE OF 20 MILLION SHARES IN LABAT AT R1.00 PER SHARE

* LABAT AFRICA - AGREEMENT WITH ZCMA HOLDINGS TO CULTIVATE, HARVEST, PROCESS AND EXPORT CANNABIS FROM LESOTHO FOR MEDICINAL AND PHARMACEUTICAL PURPOSES

* LABAT AFRICA LTD - CO IS STILL ENGAGED WITH VARIOUS INTERNATIONAL PARTIES THAT COULD BOLSTER OPERATIONS HERE AND ABROAD

* LABAT AFRICA- CONSTRUCTION OF LABAT FACILITY IN KINGDOM OF LESOTHO TO START AROUND 1 FEB 2020, WITH PRODUCTION EXPECTED TO COMMENCE ON 1 MAY 2020

* LABAT AFRICA - CO CONCLUDED AGREEMENT WITH THC & ITS PARTNERS FOR 75 MILLION LABAT ORDINARY SHARES

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