Minneapolis, MN, (July 15, 2019) – Ceres Global Ag Corp. (TSX: CRP) (“Ceres” or the “Company”), a global agricultural, energy and industrial products merchandizing and supply chain company, announced today that it has exercised its option to acquire all outstanding shares of Winkler, Manitoba-based Delmar Commodities, Ltd. (“Delmar”). Ceres’ first announced that it had acquired this purchase option in a press release dated July 8, 2019, which announcement also outlined the fundamental terms of the option. The acquisition remains subject to successful completion of due diligence activities and the finalization of a definitive share purchase agreement. Ceres hopes to close this potential acquisition on or about August 1, 2019.
Delmar Shares Press Release_071519