APH Deal On Sedar

APHRIA INC. $225,000,690 18,987,400 Common Shares This preliminary short form prospectus (the ‘‘Prospectus’’) qualifies the distribution (the ‘‘Offering’’) of 18,987,400 common shares (the ‘‘Offered Shares’’) of Aphria Inc. (the ‘‘Company’’ or ‘‘Aphria’’) at a price of $11.85 per Offered Share (the ‘‘Offering Price’’).

The Offered Shares are issued pursuant to an underwriting agreement dated June 12, 2018 (the ‘‘Underwriting Agreement’’) by and among the Company, Clarus Securities Inc. (‘‘Clarus’’), as lead underwriter, and Canaccord Genuity Corp., Cormark Securities Inc., Haywood Securities Inc. and INFOR Financial Inc. (collectively, the ‘‘Underwriters’’). 

The Company’s common shares (the ‘‘Common Shares’’) are currently traded on the Toronto Stock Exchange (the ‘‘TSX’’) under the symbol ‘‘APH’’ and on the OTCQB Venture Market in the United States (the ‘‘OTCQB’’) under the symbol ‘‘APHQF’’. On June 5, 2018, the last trading day prior to the announcement of the Offering, the closing price of the Common Shares on the TSX was $12.16 and the closing price of the Common Shares on the OTCQB was US$9.40. On June 11, 2018, the last trading day before the date of this Prospectus, the closing price of the Common Shares on the TSX was $11.77 per Common Share and the closing price of the Common Shares on the OTCQB was US$9.032.

The Company has applied to list the Offered Shares to be distributed under this short form prospectus on the TSX. Listing will be subject to the Company fulfilling all of the requirements of the TSX.

 Price: $11.85 per Common Share Price to the Underwriters’
Net Proceeds to Public(1) Fee(2) the Company
(3) Per Offered Share ..............................
$11.85 $0.5629 $11.2871 Total .......................................
$225,000,690 -$10,687,532.78  FEE
$214,313,157.22 net


http://www.stockwatch.com/News/Sedardoc.pdf?docid=4090810