Natural Health Farm Holdings Inc. (OTCPK:NHEL) agreed to acquire 51% stake in Biodelta (Pty) Ltd for $1.6 million on March 6, 2019. In connection with the proposed acquisition, Natural Health Farm Holdings Inc. shall pay $.16 million to Biodelta as a refundable deposit. The deal is subject to completion of due diligence, execution of definitive agreements between the parties, securing required funding and preparation of audited and unaudited financial statements. The transaction is expected to close within 90 days. Natural Health Farm Holdings Inc. (OTCPK:NHEL) cancelled the acquisition of the 51% stake in Biodelta (Pty) Ltd on May 14, 2019.