11:15 AM EST - LGC Capital Ltd. : Has formally terminated its option to acquire a 30% interest in South Africa-based House of Hemp (Pty) Ltd, in favour of focusing LGC's resources and cash-strong balance sheet on developing its fast-growing investments in Australia, Canada, Jamaica and Europe. LGC also announces that it is examining new near-term cash-flowing investment opportunities in Europe and southern Africa. As previously announced, LGC's 50/50 joint venture with AfriAg (Pty) Ltd had the exclusive right to acquire a 60% interest in House of Hemp. LGC Capital Ltd.
shares V.LG are trading up $0.015 at $0.18.
