LEXARIA BIOSCIENCE CORP. (OTCMKTS:LXRP) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement
On December 22, 2016, Lexaria Bioscience Corp. (Lexaria)
announced that it has extended the services of Frontier Merchant
Capital Group (Frontier) with a head office in Toronto, Canada,
for a period of three months. Lexaria will pay CDN $25,000 GST.
The initial engagement of Frontiers services was previously
announced in Lexarias news release dated June 6, 2016.
Frontier will assist Lexaria by increasing market awareness
utilizing a number of financial market communication initiatives
including media outreach, facilitating in-person introduction for
Lexaria with institutional and retail brokers and investors in
cities across Canada and the US, and more.
Item 7.01 Regulation FD Disclosure
A copy of the news release announcing that Lexaria has extended
the services of Frontier Merchant Capital Group is filed as
exhibit 99.1 to this current report and is hereby incorporated by
reference.
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Item 9.01 Financial Statements and Exhibits
| 99.1 | Press Release dated December 22, 2016 |
About LEXARIA BIOSCIENCE CORP. (OTCMKTS:LXRP)
Lexaria Bioscience Corp., formerly Lexaria Corp., is a food sciences company. The Company is focused on the delivery of cannabinoid compounds procured from legal, agricultural hemp, through gourmet foods based upon its infusion technologies. Its food sciences activities include the development of its nutrient infusion technologies for the production of superfoods, and the production of food products under its two consumer product brands, ViPova and Lexaria Energy. Its technology is developed to aid absorption and bioavailability of various payload molecules, including cannabinoids, such as cannabidiol (CBD) and tetrahydrocannabinol (THC). Its range of flavors to the ViPova family, are available in 8 to 32 bag portions: Decaf English Breakfast, Earl Grey, Herbal Bengal Chai, Herbal Cherry Black Tea, Herbal Masala Chai, Low-Caf Organic Evening Green Tea and ViPova Light. It produces and sells edible consumer products infused with cannabidiol and available for sale in over 50 states. LEXARIA BIOSCIENCE CORP. (OTCMKTS:LXRP) Recent Trading Information
LEXARIA BIOSCIENCE CORP. (OTCMKTS:LXRP) closed its last trading session up +0.003 at 0.238 with 63,409 shares trading hands.