The TSX Venture Exchange has accepted for filing documentation pertaining to an asset purchase agreement dated Sept. 8, 2021, between the company and an arm's-length party, whereby the company has acquired all the assets of Agronomic Solutions LLC, a leading digital agronomy company that provides soil sampling services and digital management, located in Coon Rapids, Iowa.
As consideration, the company has paid an aggregate $1,275,000 (U.S.) in cash and issued 787,087 common shares at a price of 68 cents per common share over a two-year period.
For more information, please refer to the company's news release dated Sept. 9, 2021.
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