LCTI Low Carbon Technologies International Inc. (CNQ:LCT) entered into a letter of intent to acquire a 50% interest of Allco, Inc. and its subsidiaries for CAD 15 million on March 2, 2012. LCTI also has an option to purchase an additional 50% interest of the Allco companies. As part of the acquisition LCTI is also acquiring Bolivar Utility Services LLC. The transaction is subject to securing acceptable financing. The closing is scheduled for April 15, 2012 and may be extended as agreed by the parties.

LCTI Low Carbon Technologies International Inc. (CNQ:LCT) cancelled the acquisition of a 50% interest of Allco, Inc. and its subsidiaries on March 2, 2013.