Business NewsMarketWire • iAnthus Capital Holdings, Inc. Issues Interest Shares

iAnthus Capital Holdings, Inc. Issues Interest Shares

iAnthus Capital Holdings, Inc. Issues Interest Shares

TORONTO, ON and NEW YORK, NY--(Marketwired - September 21, 2016) - iAnthus Capital Holdings, Inc. ("iAnthus" or the "Company") (CSE: IAN), announces that payment of interest in the amount of US$19,945.20 pursuant to a convertible promissory note purchase agreement entered into on February 10, 2016 (the "Loan Agreement"), has been satisfied by delivery of 15,956 common shares of iAnthus (the "Interest Shares"). The calculation of the number of Interest Shares issued was based on an effective price of USD$1.25 per Interest Share. The Interest Shares are subject to a four-month hold period expiring on January 21, 2017.

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