Brief: NaturalShrimp Signs Letter Of Intent To Acquire Aquaculture Assets Of Hydrenesis Aquaculture Llc

Bluefuture Aquatics,

23/02/2021 13:33

Feb 23 (Reuters) - NaturalShrimp Inc  SHMP.PK :
    * NATURALSHRIMP SIGNS LETTER OF INTENT TO ACQUIRE
AQUACULTURE
ASSETS OF HYDRENESIS AQUACULTURE, LLC
    * NATURALSHRIMP INC - TO ACQUIRE AQUACULTURE ASSETS OF
HYDRENESIS
AQUACULTURE, LLC FOR $12.5 MILLION
    * NATURALSHRIMP INC - DEAL FOR $12.5 MILLION CONSISTS OF
$5.5
MILLION IN CASH AND BALANCE DUE IN NSI COMMON STOCK
    * NATURALSHRIMP INC - ACQUISITION IS EXPECTED TO BE
ACCRETIVE TO
EARNINGS IN FISCAL YEAR 2021

Source text for Eikon:  ID:nGNXgFjCd 
Further company coverage:  SHMP.PK 

 ((Reuters.Briefs@thomsonreuters.com;))