Lyamec in Agreement with Grifco on $2.25 Per Share Offer

LONDON, UK – July 8 (SEND2PRESS NEWSWIRE) — Lyamec announces that it has reached an agreement with Grifco (OTC: GFCI) to move on the USD $2.25 per share offer: We look forward to receiving fully executed documents in the upcoming days, and look forward to move to closing. Lyamec states acquisition initiatives on the 5 year outlined USD $76.5 Million GPC approved Libya facility entails an additional premium of USD $28 Million to be paid directly to Lyamec.