ME1 melodiol global health limited
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News: ME1 Melodiol Global Health Secures Non-Binding LOI With Panacea Life Sciences

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    02/08/23
    11:30
    Post #: 69114681

    Aug 2 (Reuters) - Melodiol Global Health Ltd (ME1) :

    • SECURES A NON-BINDING LOI WITH PANACEA LIFE SCIENCES HOLDINGS
    • LOI INCLUDES ADDITIONAL EARN-OUT COMPONENTS VALUED AT UP TO US$15M
    • LOI FOR SALE OF SIERRA SAGES HERBS, LLC AND HALUCENEX LIFE SCIENCES FOR AN INITIAL APPROXIMATE US$5M IN CASH AND SCRIP VALUE
    • POST-TRANSACTION, MELODIOL WILL BE LARGEST SHAREHOLDER IN PANACEA
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