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Recent press releases

HEXO Corp provides corporate update

Globe Newswire / 2020-02-07

HEXO Corp wishes to announce two corporate developments. HEXO has changed its auditor from MNP LLP to PricewaterhouseCoopers LLP effective January 31, 2020. In addition, Nathalie Bourque is resigning from HEXO’s Board of Directors, effective today.

HEXO Corp. Closes US$20.0 Million Registered Direct Offering

Globe Newswire / 2020-01-22

HEXO Corp. today announced it has closed its previously announced registered direct offering with institutional investors.

HEXO Corp Announces US$20.0 Million Registered Direct Offering

Globe Newswire / 2020-01-17

HEXO Corp today announced it has entered into a definitive agreement with institutional investors for the purchase and sale of 11,976,048 common shares at an offering price of US$1.67 per share for gross proceeds of US$20.0 million before deducting fees and other estimated offering expenses, pursuant to a registered direct offering (the “Offering”).

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HEXO STOCK PRICING

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FREQUENTLY ASKED QUESTIONS

I have HIP warrants and I want to know what my options are. How do I exercise my options? Are there plans to extend the expiry dates on these warrants?

There are currently two HIP warrants that are trading on the TSX Venture exchange. The HIP.WT.A has a $1.00 strike price (expiry date of June 19, 2023) and HIP.WT has a $1.75 strike price (expiry date of February 28, 2020). As a result of the closing of our acquisition of Newstrike Brands Ltd, all commons shares and warrants are converted from HIP to HEXO using the conversion rate of 0.06332.

You have two options, you can chose to exercise your warrants before the expiry date converting them to HEXO common shares or to let the warrant expire.

For example, if you hold 1,000 HIP.WT.A warrants with $1.00 strike price expiration 06/19/2023 and decided to exercise these. You would pay $1000 and receive 63 common shares of HEXO (1000*0.06332)). This would mean you paid approx.. $15.79 per share ($1/0.06332).

There is no plan to extend the expiry dates of the HIP warrants.

To exercise your HIP warrants, please contact your investment broker or brokerage to execute the transaction.

Does your company have analyst calls?

HEXO conducts quarter analyst calls, which are open to the public after each earnings release. Details for the call will be published in a press release prior to the call. Our press releases can be found at https://www.hexocorp.com/press-releases/

How do I exercise my warrants?

Warrants are exercised by contacting us at treasury@HEXO.com.

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