December 6, 2016 / 1:52 PM / in a year

BRIEF-Aphria makes $1 mln investment in Tetra bio-pharma via private placement

Dec 6 (Reuters) - Aphria Inc

* Tetra Bio-pharma - conducting non-brokered private placement with Aphria of 5 million units at price of $0.20/unit for aggregate gross proceeds of $1 million

* Tetra Bio-pharma - proceeds of private placement will be used to initiate clinical trials in Phytopain Pharma Inc

* Aphria makes $1,000,000 investment in Tetra bio-pharma via private placement to fund Phytopain Pharma clinical trials Source text for Eikon: Further company coverage:

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