BRIEF-Labat Africa Meets Remaining Conditions Precedent For Acquisitions

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BRIEF-Labat Africa Meets Remaining Conditions Precedent For Acquisitions
Credit: © Reuters.

Oct 21 (Reuters) - Labat Africa Ltd LABJ.J :

* LABAT AFRICA - REMAINING CONDITIONS PRECEDENT FOR ACQUISITION OF 70% OF CANNAFRICA PROPRIETARY LIMITED AND 70% OF BIODATA PROPRIETARY BEEN MET

* LABAT AFRICA - SUCCESSFUL BID FOR FORCE FUEL AND FORCE FUEL PROPERTIES EXPECTED TO RESULT IN CATEGORY 2 DISPOSAL TRANSACTION, PROCESS IS ONGOING

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