Jan 25 (Reuters) - Khiron Life Sciences Corp KHRN.V :
* KHIRON LIFE SCIENCES SIGNS BINDING LOI TO ACQUIRE 100% OF NETTAGROWTH, SECURING THE FIRST MEDICAL THC AND CBD CANNABIS LICENCE AND CULTIVATION CAPACITY IN URUGUAY, AND ENTRY TO THE BRAZILIAN MARKET
* KHIRON LIFE SCIENCES - AS CONSIDERATION FOR ACQUISITION, CO WILL ISSUE 8.5 MILLION COMMON SHARES TO SHAREHOLDERS OF NETTAGRO, AT DEEMED PRICE OF $1.61 PER COMMON SHARE
* KHIRON LIFE SCIENCES - UPON COMPLETION OF ACQUISITION JOSEPH MIMRAN WILL JOIN BOARD OF KHIRON'S COLOMBIAN OPERATING SUBSIDIARY
* KHIRON LIFE SCIENCES CORP - MICHAEL BECK TO JOIN KHIRON'S BOARD OF DIRECTORS FOLLOWING COMPLETION OF TRANSACTION