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| Home : Cheoin Leisure Co., Ltd. Completes Acquisition of Units of Aurinia Pharmaceuticals Inc. |
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Jun 30
2016 |
Cheoin Leisure Co., Ltd. Completes Acquisition of Units of Aurinia Pharmaceuticals Inc. |
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VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 29, 2016) - Cheoin Leisure Co., Ltd. (the "Acquiror") is pleased to announce that it has acquired 1,694,915 units (the "Units") of Aurinia Pharmaceuticals Inc. ("Aurinia") under a previously announced private placement (the "Private Placement") at US$2.36 per Unit which, based on the June 22, 2016 Bank of Canada closing exchange rate of CDN$1.2839 per U.S. dollar, equals CDN$3.03 per Unit. Each Unit comprises one common share ("Common Share") in the capital of Aurinia and 0.35 of a Common Share purchase warrant (each whole such warrant, a "Warrant"), each such Warrant entitling the holder to purchase one Common Share. |
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| Source:http://www.marketwired.com/mw/release.do?id=2138662&sourceType=3 |
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