Agrios Global Holdings Ltd. (CNSX:AGRO) entered into a letter of intent to acquire Greenfields Agritech Limited from the shareholder of Greenfields for $1.5 million on July 20, 2018. The consideration shall be paid through issuance of 2 million shares of Agrios Global and payment of $0.33 million. The consideration shares will be issued in escrow on the closing date and will be released upon occurrence of certain event. Upon completion, Agrios Global shall own 100% of the issued and outstanding securities of Greenfields. The transaction is expected to close by December 31, 2018. Agrios Global Holdings Ltd. (CNSX:AGRO) completed the acquisition of Greenfields Agritech Limited from the shareholder of Greenfields on December 17, 2018.