July 17 (Reuters) - Aphria Inc APH.TO :
* SCYTHIAN ANNOUNCES STRATEGIC SALE OF LATIN AMERICAN AND CARIBBEAN ASSETS IN $193,000,000 DEAL TO APHRIA
* SCYTHIAN BIOSCIENCES CORP - APHRIA WILL ACQUIRE 100% OF ISSUED AND OUTSTANDING COMMON SHARES OF LATAM HOLDINGS INC
* SCYTHIAN BIOSCIENCES CORP - SCYTHIAN'S BOARD OF DIRECTORS HAS UNANIMOUSLY APPROVED TRANSACTION
* SCYTHIAN - WILL ALSO GRANT APHRIA A RIGHT TO BUY FROM CO, IN ONE/MORE SEPARATE TRANCHES, UP TO 90% SHARES OF ENTITY IN BRAZIL
* SCYTHIAN BIOSCIENCES - IF DEAL TERMINATED IN SOME CONDITIONS, APHRIA IS ENTITLED TO A BREAK-FEE PAYMENT OF $5.8 MILLION