Common Contracts

UNDERWRITING AGREEMENT

Underwriting Agreement • February 8th, 2019 • Ontario

• Contract Type
  Underwriting Agreement
• Filed
  February 8th, 2019
• Jurisdiction
  Ontario

The undersigned, CIBC World Markets Inc. (“CIBC”) and Eight Capital, together as joint bookrunners (the “Joint Bookrunners”), and GMP Securities L.P., BMO Nesbitt Burns Inc., Cormark Securities Inc., PI Financial Corp. and Scotia Capital Inc. (together with the Joint Bookrunners, the “Underwriters”, and each individually, an “Underwriter”) understand that Canopy Rivers Inc. (the “Company”) proposes to issue and sell to the Underwriters, on an underwritten basis, an aggregate of 11,500,000 subordinated voting shares of the Company (the “Firm Shares”) pursuant to the terms of this underwriting agreement (as it may be amended from time to time, the “Agreement”).