Brief: Cadiz Says Entered First Amendment To Existing Purchase And Sale Deal With El Paso Natural Gas Company

Cadiz

03/02/2020 21:56

Feb 3 (Reuters) - Cadiz Inc  CDZI.O :
    * CADIZ - EFFECTIVE FEB 3, ENTERED FIRST AMENDMENT TO
EXISTING
PURCHASE AND SALE AGREEMENT DATED DEC 31, 2018 WITH EL PASO
NATURAL GAS COMPANY
    * CADIZ - AGREEMENT EXTENDS TIME PERIOD WITHIN WHICH CO MUST
COMPLETE PURCHASE OF PIPELINE SEGMENT CONTEMPLATED BY AGREEMENT
FROM 30 TO UP TO 180 DAYS
    * CADIZ INC - AGREEMENT INCREASES BALANCE OF PURCHASE PRICE
PAYABLE AT CLOSING FROM $18 MILLION TO $19 MILLION

Source: (https://bit.ly/2u6OHzl)
Further company coverage:  CDZI.O 

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