Montague International Holding Ltd. (OTCPK:MIHL) entered into a letter of intent to acquire 90% interest in SIA KROKUS for $25 million on September 28, 2012. In a related transaction, Montague International also signed a letter of intent to acquire SIA BIOIL. The deal is expected to close in fourth quarter of 2012.

Montague International Holding Ltd. (OTCPK:MIHL) completed the acquisition of 90% interest in SIA KROKUS on October 25, 2012.