Aug 26 (Reuters) - Columbus Exploration Corp CLX.V :
* Signs definitive agreement to acquire organic food company agricola nuova
terra
* Will pay shareholders of agricola $225,000 in cash and C$9.2 million in
shares by issuing 46,228,882 at C$0.20 per share
* To assume outstanding debt of US$242,844 owed by agricola to 1 of its
shareholders, which bears interest at 8.5% per annum
* Says Columbus Exploration will change its name to organto foods inc.
* Says agricola will be a direct wholly-owned subsidiary of organto
* Source text for Eikon ID:nCCN4DTSYz
* Further company coverage CLX.V