June 19 (Reuters) - Cordy Oilfield Services Inc CKK.V :
* CORDY ENTERS INTO LETTER OF INTENT TO ACQUIRE CONSTRUCTION AND TRANSPORTATION BUSINESSES
* CORDY OILFIELD SERVICES - NON-BINDING LOI TO ACQUIRE BUSINESS OF THREE PRIVATE COMPANIES BASED IN KAMLOOPS, BRITISH COLUMBIA
* CORDY OILFIELD SERVICES - LOI CONTEMPLATES CORDY WILL ISSUE 10 MILLION COMMON SHARES AT DEEMED PRICE OF $0.05 PER SHARE IN CONSIDERATION FOR BUSINESS
* CORDY OILFIELD SERVICES - UNDER TERMS OF LOI, PARTIES HAVE ALSO AGREED TO EXCLUSIVITY PERIOD