Update from Cassandra Oil and REAKTOR APS

As recently published, REAKTOR APS have agreed a purchase of one CASO processing plant from Cassandra Oil AB at a price of €4.5 million, through a JV agreement. Consequently, REAKTOR APS is in the process of rearranging their company structure, resulting in their existing business and the new JV operating as 2 separate companies. The JV ownership is broken down as follows:  38% by REAKTOR APS, 38% Cassandra Oil, 20%, Danish private investors, and the remaining 4% are held by an international commodity and financial broker.The new CASO processing plant will be assembled at Sjölanders