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ELLAH LAKES ACQUIRE TELLURIA LIMITED
Agribusiness firm, Ellah Lakes Plc, has hinted at plans to raise fresh capital through the issuance of new one billion shares to investors.
The Chief Executive Officer of Ellah Lakes, Chuka Mordi and Jamie Rixton, the company’s Chief Agronomist visited Nairametrics’ Head Office located in Opebi, Lagos, to discuss the details of the acquisition of Telluria Limited by Ellah Lakes, and Mordi’s aggressive growth target, as well as the impact of the company’s oil palm field on host communities.
On Friday, Ellah Lakes Plc announced the acquisition of Telluria Limited, a development that brought a major change in the Management of the former.