Agrios Global Holdings Ltd. (CNSX:AGRO) agreed to acquire TimberLand Bay Properties, LLC from James F. Foster and Larry Ellison for $23 million on February 26, 2018. The deal value consists 29.2 million shares issued at $0.6 per share and assumption of debt of $4.5 million in the form of the Citizens Facility Agreement. Agrios advanced loan of $4.5 million for the purposes of the Phase II build out of the Shelton Facility. Relating assumption of Timberland debt, the Company secured a mortgage facility with Citizens Bank of Newburg in the amount of $5.8 million which was used to settled three separate credit facilities. James Munro of McMillan LLP acted as legal advisor to Agrios Global Holdings Ltd. S. Jacob Sappington of Sanders Warren Russell & Scheer LLP acted as legal advisor to TimberLand Bay Properties, LLC. Agrios Global Holdings Ltd. (CNSX:AGRO) completed the acquisition of TimberLand Bay Properties, LLC from James F. Foster and Larry Ellison on June 8, 2018.