Deal #1359 Version 92754 Version 95871
Comment on land area
Land & Resources and MAG entered into an Option Agreement (the โ€œOption Agreementโ€) pursuant to which Land & Resources was granted an option to assume a lease of approximately 98,400 hectares (243,151 acres) located in the village of Saraya in Guinea (the โ€œOption Landโ€). Pursuant to the Contract for a Program of Agricultural Development in Guinea dated September 16, 2010 (the โ€œContract for Developmentโ€), MAG has agreed to grant to Land & Resources 99-year leases over two parcels of land in the villages of Nโ€™Dema and Konindou of 5,340 and 3,475 hectares respectively to be developed as agricultural land
Land & Resources and MAG entered into an Option Agreement (the โ€œOption Agreementโ€) pursuant to which Land & Resources was granted an option to assume a lease of approximately 98,400 hectares (243,151 acres) located in the village of Saraya in Guinea (the โ€œOption Landโ€). Pursuant to the Contract for a Program of Agricultural Development in Guinea dated September 16, 2010 (the โ€œContract for Developmentโ€), MAG has agreed to grant to Land & Resources 99-year leases over two parcels of land in the villages of Nโ€™Dema and Konindou of 5,340 and 3,475 hectares respectively to be developed as agricultural land
Comment on negotiation status
99 year lease signed with an Option Agreement (the โ€œOption Agreementโ€) pursuant to which Land & Resources was granted an option to assume a lease of approximately 98,400 hectares (243,151 acres) located in the village of Saraya in Guinea (the โ€œOption Landโ€) on 16:09:2010. The company was incorporated under the name Kryptonic entertainment Inc in October 11 2007.By 11 April Changed it name to FLG
99 year lease signed with an Option Agreement (the โ€œOption Agreementโ€) pursuant to which Land & Resources was granted an option to assume a lease of approximately 98,400 hectares (243,151 acres) located in the village of Saraya in Guinea (the โ€œOption Landโ€) on 16:09:2010. The company was incorporated under the name Kryptonic entertainment Inc in October 11 2007.By 11 April Changed it name to FLG
Comment on crops
it is anticipated that the land when developed will produce about 4 tons of soybeans per hectare.
it is anticipated that the land when developed will produce about 4 tons of soybeans per hectare.
Overall comment
FLG has also signed a fifteen-year agreement with the Ministry of Agriculture, for the exclusive right to market long-term leases of 3.7 million acres of farmland in Guinea. FLG has signed a fifteen-year agreement with the Ministry of Agriculture, for the exclusive right to market long-term leases of 3.7 million acres of farmland in Guinea. FLG will map and delineate those areas of Government land leases which could be offered for sale to the international farming community, sovereign wealth funds, and private equity groups, all targeting food security
FLG has also signed a fifteen-year agreement with the Ministry of Agriculture, for the exclusive right to market long-term leases of 3.7 million acres of farmland in Guinea. FLG has signed a fifteen-year agreement with the Ministry of Agriculture, for the exclusive right to market long-term leases of 3.7 million acres of farmland in Guinea. FLG will map and delineate those areas of Government land leases which could be offered for sale to the international farming community, sovereign wealth funds, and private equity groups, all targeting food security

Location #UlNZ0vqC

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Lat: 10.65
Lng: -11.06666
Lat: 10.696209
Lng: -10.822769

Location #R0np9qt7

Spatial accuracy level
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Lat: 10.69168
Lng: -10.85931
Lat: 10.763375
Lng: -10.394042