House Positions for C:TRST from 20190220 to 20190220

House	Bought	$Val	Ave	Sold	$Val	Ave	Net	$Net
33 Canaccord	182,802	2,102,948	11.504	52,985	607,515	11.466	129,817	-1,495,433
85 Scotia	178,075	2,046,528	11.493	86,344	993,934	11.511	91,731	-1,052,594
22 Fidelity	105,166	1,209,186	11.498	49,557	571,008	11.522	55,609	-638,178
79 CIBC	546,889	6,295,047	11.511	512,376	5,896,154	11.507	34,513	-398,893
39 Merrill Lynch	128,737	1,482,342	11.514	97,932	1,124,068	11.478	30,805	-358,274
2 RBC	228,612	2,628,106	11.496	201,105	2,311,112	11.492	27,507	-316,994
14 ITG	31,639	363,793	11.498	9,577	110,730	11.562	22,062	-253,063
143 Pershing	23,600	272,045	11.527	1,700	19,303	11.355	21,900	-252,742
18 Echelon	20,700	237,775	11.487	500	5,825	11.65	20,200	-231,950
16 Paradigm	10,000	115,200	11.52	0			10,000	-115,200
19 Desjardins	12,663	145,695	11.506	8,550	98,433	11.513	4,113	-47,262
99 Jitney	21,800	251,543	11.539	17,800	205,473	11.543	4,000	-46,070
89 Raymond James	3,200	36,870	11.522	0			3,200	-36,870
57 Interactive	4,480	51,398	11.473	1,411	16,252	11.518	3,069	-35,146
88 Credential	9,585	110,338	11.512	6,541	75,557	11.551	3,044	-34,781
13 Instinet	48,951	562,119	11.483	47,875	551,774	11.525	1,076	-10,345
83 Mackie	1,000	11,500	11.50	0			1,000	-11,500
97 M Partners	1,500	17,235	11.49	750	8,730	11.64	750	-8,505
15 UBS	250	2,873	11.492	0			250	-2,873
28 BBS	4,536	52,355	11.542	4,300	49,748	11.569	236	-2,607
80 National Bank	14,619	167,371	11.449	14,465	165,844	11.465	154	-1,527
59 PI	100	1,138	11.38	0			100	-1,138
3 AltaCorp	0			1,000	11,550	11.55	-1,000	11,550
74 GMP	4,400	50,596	11.499	6,680	76,732	11.487	-2,280	26,136
36 Latimer	3,045	34,991	11.491	7,722	88,762	11.495	-4,677	53,771
55 Velocity	0			5,000	57,684	11.537	-5,000	57,684
5 Penson	97,254	1,115,779	11.473	102,755	1,180,112	11.485	-5,501	64,333
62 Haywood	5,000	57,600	11.52	12,100	140,515	11.613	-7,100	82,915
65 Goldman	12,063	138,649	11.494	19,400	222,636	11.476	-7,337	83,987
68 Leede	0			15,000	174,000	11.60	-15,000	174,000
9 BMO Nesbitt	89,660	1,029,767	11.485	115,438	1,326,636	11.492	-25,778	296,869
124 Questrade	50,446	580,333	11.504	79,826	919,460	11.518	-29,380	339,127
53 Morgan Stanley	3,731	42,896	11.497	38,400	441,234	11.49	-34,669	398,338
7 TD Sec	386,564	4,445,278	11.499	453,262	5,206,997	11.488	-66,698	761,719
72 Credit Suisse	0			124,200	1,431,636	11.527	-124,200	1,431,636
1 Anonymous	349,956	4,024,771	11.501	486,472	5,594,651	11.50	-136,516	1,569,880
TOTAL	2,581,023	29,684,065	11.501	2,581,023	29,684,065	11.501	0	0

House Positions for C:APHA from 20190220 to 20190220

House	Bought	$Val	Ave	Sold	$Val	Ave	Net	$Net
39 Merrill Lynch	505,685	6,594,449	13.041	281,099	3,662,705	13.03	224,586	-2,931,744
79 CIBC	2,223,500	28,921,964	13.007	2,038,065	26,542,064	13.023	185,435	-2,379,900
85 Scotia	457,379	5,966,395	13.045	381,683	4,979,341	13.046	75,696	-987,054
90 Barclays	38,500	502,734	13.058	3,500	45,696	13.056	35,000	-457,038
13 Instinet	148,363	1,924,493	12.972	131,500	1,703,957	12.958	16,863	-220,536
57 Interactive	4,690	61,315	13.074	2,160	28,233	13.071	2,530	-33,082
70 Manulife	2,152	28,426	13.209	360	4,712	13.089	1,792	-23,714
28 BBS	2,812	36,681	13.044	1,202	15,776	13.125	1,610	-20,905
48 Laurentian	1,000	13,130	13.13	0			1,000	-13,130
33 Canaccord	548	7,156	13.058	0			548	-7,156
89 Raymond James	500	6,550	13.10	0			500	-6,550
22 Fidelity	400	5,224	13.06	0			400	-5,224
36 Latimer	4,622	60,246	13.035	4,508	58,730	13.028	114	-1,516
68 Leede	200	2,646	13.23	200	2,636	13.18	0	-10
65 Goldman	300	3,885	12.95	500	6,516	13.032	-200	2,631
62 Haywood	0			250	3,250	13.00	-250	3,250
76 Industrial Alliance	380	4,974	13.089	2,100	27,247	12.975	-1,720	22,273
56 Edward Jones	391	5,120	13.095	2,400	31,444	13.102	-2,009	26,324
99 Jitney	135,700	1,764,160	13.00	137,800	1,794,888	13.025	-2,100	30,728
88 Credential	67,390	881,187	13.076	72,324	947,774	13.105	-4,934	66,587
14 ITG	1,200	15,692	13.077	6,520	85,942	13.181	-5,320	70,250
101 SG Capital	2,950	38,214	12.954	9,950	130,013	13.067	-7,000	91,799
143 Pershing	13,905	180,376	12.972	21,750	279,719	12.861	-7,845	99,343
124 Questrade	91,311	1,188,928	13.021	106,927	1,395,057	13.047	-15,616	206,129
80 National Bank	112,044	1,456,942	13.003	128,153	1,667,719	13.013	-16,109	210,777
53 Morgan Stanley	1,515	19,594	12.933	17,986	234,026	13.012	-16,471	214,432
1 Anonymous	1,428,240	18,582,946	13.011	1,454,943	18,919,990	13.004	-26,703	337,044
19 Desjardins	45,125	587,878	13.028	101,933	1,331,550	13.063	-56,808	743,672
7 TD Sec	1,267,218	16,526,232	13.041	1,383,877	18,026,396	13.026	-116,659	1,500,164
2 RBC	407,012	5,307,208	13.039	533,947	6,964,061	13.043	-126,935	1,656,853
9 BMO Nesbitt	108,958	1,424,719	13.076	248,353	3,230,022	13.006	-139,395	1,805,303
TOTAL	7,073,990	92,119,464	13.022	7,073,990	92,119,464	13.022	0	0

Aphria announces early termination and liquidation of interests in Liberty Health Sciences, Inc.

News for APHA

Alert Sent 2019-02-19 06:29:16 PM ET

Delivery preference: Immediate delivery

Aphria announces early termination and liquidation of interests in Liberty Health Sciences, Inc.

2019-02-19 06:28:00 PM ET (CNW Group)


Cash proceeds of $47 million received, with additional $10 million upon satisfaction of certain conditions


Aphria Inc. ("Aphria" or the "Company") (TSX: APHA and NYSE:APHA) today announced that independent members of its Board of Directors consisting of Shlomo Bibas, John Herhalt, Tom Looney and Irwin Simon, unanimously approved the early termination and liquidation of a promissory note, option and other agreements (the "Early Termination and Liquidation") related to the Company's previously announced divestment of all interests in Liberty Health Sciences, Inc. ("Liberty").


As detailed on September 6, 2018, the Company entered into a share purchase agreement with a group of buyers, wherein it completed the sale of the shares making up 100% of its outstanding interest in Liberty, in exchange for a five-year promissory note due September 6, 2023, bearing interest at 12% per annum and in the amount of $59,097,986. Aphria retained an irrevocable option to repurchase its shares in Liberty from the buyers for a period of up to five years, subject to the satisfaction of certain conditions.


In line with Aphria's commitment to enhanced corporate governance practices and a renewed focus on its strategic plan, the option in the Liberty shares represented a non-essential holding of the Company. Accordingly, the independent members of the Board of Directors unanimously approved the Early Termination  and Liquidation  wherein the Company received  cash  consideration (the "Consideration") of $47.4 million and may earn up to an additional $10 million based on certain value thresholds, if the counterparties monetize the Liberty shares underlying the terminated option within six months. Jefferies LLC acted as financial advisor to the Company.


The Early Termination and Liquidation represents the ultimate conclusion of Aphria's investment in Liberty. From Aphria's first investment in Liberty of $25 million in April 2017 until today's date, Aphria earned a return equal to 3.4 times its cumulative investment in Liberty, an internal rate of return of approximately 167.2% on the initial investment.


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This Is Feb 15th 2019 This Was Feb 14th 2019