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All figures in USD unless otherwise noted
TORONTO, Dec. 18, 2020 /CNW/ - Halo Labs Inc. (
Halo or the
Company ) (NEO: HALO) (OTC:AGEEF) (Germany: A9KN) is pleased to announce that, further to a definitive agreement effective November 18, 2020 (the
Debt Purchase Agreement ) with Halo Winberry Holdings, LLC (
Halo Winberry ), Evolution Trustees Limited, as sole trustee of SP1 Credit Fund (
Seller ), Herban Industries OR LLC, (
Herban OR or
Winberry ), and Herban Industries, Inc., the Company, through its indirect wholly-owned subsidiary Halo Winberry, has closed its acquisition of certain secured debt of DionyMed Brands Inc. owed to Seller and guaranteed by Herban OR in an aggregate outstanding amount of approximately $18,739,588 (the