Aug 23 (Reuters) - Chemesis International Inc CSI.CD :
* CHEMESIS INTERNATIONAL INC. SIGNS DEFINITIVE AGREEMENT TO ACQUIRE 80% OF PUERTO RICO BASED NATURAL VENTURES PR LLC
* CHEMESIS INTERNATIONAL - IN EXCHANGE FOR 80% INTEREST IN CAPITAL STOCK OF NATURAL VENTURES, CO TO PAY $2.3 MILLION CASH, $1.7 MILLION STOCK AT CAD$1.00/SHARE