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Dekel Agri-Vision increase its Cashew Operation interest to 100%

Dekel Agri-Vision Substantial progress made to bring Cashew Project to first production

Dekel Agri-Vision Substantial progress made to bring Cashew Project to first production
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Investegate |Dekel Agri-Vision Announcements | Dekel Agri-Vision: Acquisition of further interest in cashew project

  Acquisition of a further 16.7% interest in cashew project   Dekel Agri-Vision Plc, the West African focused agriculture company, is pleased to announce it has entered into an agreement to acquire an additional 16.7% interest in the large scale raw cashew nut ( RCN ) processing project at Tiebissou, Côte d Ivoire (the Cashew Project ), which will increase its interest in the Project to 70.7% (the Acquisition ).  The Cashew Project is on course to become Dekel s second producing asset in Q2 2021, alongside the 100%-owned palm oil asset at Ayenouan.   Cash and shares settlement at request of vendor to retain exposure to upside potential Dekel is increasing its interest in the Cashew Project via the acquisition of a 16.7% beneficial interest in Pearlside Holdings Ltd ( Pearlside ), the wholly owned parent of Capro CI SA, the entity developing the Project, for a total consideration of £1.062m.  £708,000 of the consideration is t

Investegate |Dekel Agri-Vision Announcements | Dekel Agri-Vision: Advancement of RSPO Certification Process

  Advancement of Round Table for Sustainable Palm Oil Certification Process   Dekel Agri-Vision Plc, the West African focused agriculture company, is pleased to confirm that following significant advances made in 2020 preparing for the Round Table for Sustainable Palm Oil ( RSPO ) certification process, it has now engaged Proforest to undertake the final RSPO pre-audit of the Company s 100%-owned, vertically integrated palm oil project at Ayenouan.  Proforest is an established independent organisation specialising in sustainable practices in the natural resources sector.   As part of the pre-audit, Proforest will undertake a review of Dekel s programmes and management systems and assess the processes and procedures put in place by the Company to manage environmental and social risks and impacts.  The Proforest team will also look to identify opportunities for value addition through the adoption of environmental and social improvements and initiatives.  This will allow any

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