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Sunniva Inc. Announces Termination Of Sale Agreement With Respect To Previously Announced Sale Of Its Okanagan Falls Property
Sunniva Inc. Announces Termination Of Sale Agreement With Respect To Previously Announced Sale Of Its Okanagan Falls Property.
About this update from Sunniva Inc
[{"type":"text","content":"\n\n\n\nSunniva Inc. Announces Termination Of Sale Agreement With Respect To Previously Announced Sale Of Its Okanagan Falls Property\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nSunniva Inc. Announces Termination Of Sale Agreement With Respect To Previously Announced Sale Of Its Okanagan Falls Property\nCanada NewsWire\nVANCOUVER, BC, July 6, 2020\n\n\n\nVANCOUVER, BC, July 6, 2020 /CNW/ -- Sunniva Inc. (\"Sunniva\", the \"Company\", \"we\", or \"our\") (CSE:SNN, OTCQB:SNNVF) announces that its wholly owned subsidiary, 1167025 B.C. Ltd. (\"1167025\") did not receive confirmation of the waiver of conditions on July 2, 2020 with respect to the previously announced sale of its property at Okanagan Falls, British Columbia (the \"Sales Agreement\"), between 1167025 B.C. Ltd. and an independent real estate investment fund (the \"Buyer\"). As per the Sales Agreement, the failure to waive or fulfill any of the conditions will cause the contract to be terminated. On July 3, 2020, the Buyer advised the Company that it does not intend to proceed with the purchase of the property.\n\n \n \n \n \n \n \n\n \nFor more information about the Company please visit: www.sunniva.com \nThe Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release.\nCautionary Note Regarding Forward-Looking Information or Statements\nThis press release contains forward-looking information or statements. All statements or information that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, statements regarding the termination of the  Sale Agreement are \"forward-looking information or statements\". Forward-looking information or statements can be identified by the use of words such as \"plans\", \"planned\", \"expects\" or \"does not expect\", \"is expected\", \"estimates\", \"intends\", \"anticipates\" or \"does not anticipate\", or \"believes\", or variations of such words and phrases o...