Hutech21 Co., Ltd. announced that it has entered into an agreement to acquire a 160-acre quarry in Manitoba. The quarry will provide Prairie Oil Field with new opportunities to expand its existing quantities of crushed gravel, as well as begin mining and marketing a more diversified product line, including shale and stone specialty products. The all-cash transaction is expected to be non-dilutive to shareholders and close within 30 days.
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- Hutech21 Co., Ltd. Signs Agreement to Purchase 160-Acre Quarry to Increase and Diversify Product Line