date:Apr 07, 2013
djacent to the canola processing company's s existing operation in Europe. Preliminary engineering of the protein plant has already been completed.
As part of the proposed joint venture, BioExx would receive cash consideration through staged payments. The companies are working to finalize ownership percentages for the joint venture and other terms of the transaction in a definitive and binding term sheet, to be completed on or about 30 April 2013. BioExx noted that the counterparties have reque