CannaRoyalty Signs Term Sheet with Institutional Investor for $12 Million Debenture Financing and Formation of Joint Venture

Joint Venture to Fund Opportunities in the Canadian Cannabis Market OTTAWA, ONTARIO CNNRF, (Marketwired Jun 19, 2017) CannaRoyalty Corp. (CSE:CRZ)(CSE:CRZ.CN)(CNSX:CRZ)(OTCQX:CNNRF) ( CannaRoyalty ) is pleased to announce that it has executed a binding term sheet with a Canadian institutional investor (the Investor ) to complete a $12 million financing and form a joint venture ( JV ) to finance opportunities in the Canadian cannabis market. The financing is expected to be comprised of a revolving $12 million secured credit facility with a three year
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