• Proposed acquisition of four private agricultural companies to expand portfolio
• Diversification across new geographies, commodities and production systems
• Mature operating businesses to deliver near-term cash flow and greenfield projects for growth

Duxton Farms Limited (ASX:DBF) has announced the proposed acquisition of four private companies in the Australian agricultural sector: Duxton Dried Fruits Ltd, Duxton Orchards Pty Ltd, Duxton Bees Pty Ltd, and Duxton Dairies (Cobram) Pty Ltd. The merger is expected to create a larger, more investable business with greater visibility on the ASX than Duxton Farms currently has. It would also form a less concentrated, more diverse share register, which may open a pathway for greater liquidity for Duxton Farms Shareholders and Scheme Shareholders and greater access to capital for the Merged Group. The merger looks to significantly expand the scope and scale of Duxton Farms' portfolio while diversifying its exposure across new geographies, commodities and production systems. The opportunity offers a compelling mix of mature operating businesses to deliver near-term cash flow opportunities and early-stage greenfield opportunities with a strong potential for growth.