Brief: Pure Cycle says amendment to purchase and sale agreement

Pure Cycle

06/07/2015 14:17

July 6 (Reuters) - Pure Cycle Corp  PCYO.O : 
 * Announces fourth amendment to purchase and sale agreement and expiration of 
   initial due diligence period 
 * Says initial due diligence period in connection with the transaction has 
   expired 
 * Says company will reduce the purchase price to approximately $45.8 million 
 * Company will retain 100% of the oil and gas minerals attributable to the 
   farms 
 * Says co will receive all rents and be responsible for all taxes and other 
   expenses for the farm operations through 2015 
 
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