Wayland Group (CNSX:WAYL) entered into an agreement to acquire 97% stake in Agro Ivica Dumandzic S.R.L. for $7.4 million on December 10, 2018. As part of consideration, $4.5 million will be paid in cash and the remaining will be paid by issuing 3.225 million shares. The payment in common shares is conditional on receipt of stock exchange approval.