Dec 26 (Reuters) - Hexo Corp HEXO.TO :
* HEXO CORP. ANNOUNCES US$25.0 MILLION REGISTERED DIRECT OFFERING
* HEXO CORP - ENTERED AGREEMENT WITH INSTITUTIONAL INVESTORS FOR PURCHASE AND SALE OF 14.97 MILLION COMMON SHARES AT OFFERING PRICE OF $1.67 PER SHARE
* HEXO CORP - AGREED TO ISSUE TO INVESTORS COMMON SHARE PURCHASE WARRANTS TO PURCHASE 7.5 MILLION COMMON SHARES OF CO
* HEXO CORP - WARRANTS WILL HAVE A FIVE YEAR-TERM AND AN EXERCISE PRICE OF US$2.45 PER SHARE