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Asia Green Biotechnology Corp. Announces Termination of Letter of Intent

Asia Green Biotechnology Corp. Announces Termination of Letter of Intent

亞洲綠色生物技術公司宣佈終止意向信
Accesswire ·  08/21 18:55

CALGARY, AB / ACCESSWIRE / August 21, 2024 / Asia Green Biotechnology Corp. ("Asia Green" or the "Company") announced today that it has elected to the terminate the previously announced agreement dated February 9, 2024, pursuant to which the Company was to acquire all of the issued and outstanding shares in two private companies being Burton Growers Ltd. and Green-Sight Agri-Holdings Inc.

艾伯塔省卡爾加里/ACCESSWIRE/2024年8月21日/亞洲綠色生物技術公司(「Asia Green」 或 「公司」)今天宣佈,它已選擇終止先前宣佈的2024年2月9日協議,根據該協議,公司將收購伯頓種植者有限公司和Green-Sight Agri-Holdings Inc.這兩傢俬營公司的所有已發行和流通股份。

Management of Asia Green has cited delays in obtaining regulatory approval and the ongoing impact of other negative market conditions as the principal reasons for its withdrawal and emphasizes that such withdrawal was in no way a reflection on the quality of the properties.

Asia Green的管理層指出,延遲獲得監管部門批准以及其他負面市場狀況的持續影響是其撤回的主要原因,並強調這種撤回絲毫不反映物業的質量。

The CSE had in not passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this news release.

CSE沒有透露擬議交易的優點,也沒有批准或不批准本新聞稿的內容。

For further information, please contact:

欲了解更多信息,請聯繫:

Asia Green Biotechnology Corp.
David Pinkman
President and Chief Executive Officer
Telephone: (403) 863-6034

亞洲綠色生物技術公司
大衛平克曼
總裁兼首席執行官
電話:(403) 863-6034

SOURCE: ASIA GREEN BIOTECHNOLOGY CORP.

來源:亞洲綠色生物技術公司


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