Jan 17 (Reuters) - Hexo Corp HEXO.TO :
* HEXO CORP ANNOUNCES US$20.0 MILLION REGISTERED DIRECT OFFERING
* HEXO CORP - ENTERED DEFINITIVE AGREEMENT WITH INSTITUTIONAL INVESTORS FOR PURCHASE AND SALE OF 11.97 MILLION COMMON SHARES AT US$1.67 PER SHARE
* HEXO CORP - AGREED TO ISSUE TO INVESTORS COMMON SHARE PURCHASE WARRANTS TO PURCHASE 5.99 MILLION COMMON SHARES OF CO
* HEXO CORP - WARRANTS WILL HAVE A 5 YEAR-TERM AND EXERCISE PRICE OF US$2.45 PER SHARE