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GRH > SEC Filings for GRH > Form 8-K on 24-Feb-2014All Recent SEC Filings

Show all filings for GREENHUNTER RESOURCES, INC.



Entry into a Material Definitive Agreement

Item 1.01 Entry into a Material Definitive Agreement

On February 19, 2014 the Company's wholly owned subsidiary, GreenHunter Mesquite Lake entered into purchase and sale agreement between GreenHunter Mesquite Lake, LLC, ("Seller")and ML Energy Park, LLC, a California limited liability company ("Purchaser"). The Seller is selling the Mesquite Lake Resource Recovery Facility, located in Imperial County, California to the Purchaser for cash consideration of $2 million. The closing date is scheduled for March 15, 2015. The contract contains customary terms and conditions for transactions of this type. The asset purchase agreement is incorporated herein by reference and is attached hereto as exhibit 10.1.

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