April 9 (Reuters) - Kraken Robotics Inc PNG.V :
* KRAKEN ENTERS INTO LETTER OF INTENT TO ACQUIRE SUBSEA SERVICES COMPANY
* KRAKEN ENTERS INTO LETTER OF INTENT TO ACQUIRE SUBSEA SERVICES COMPANY
* KRAKEN ROBOTICS INC - ALTHOUGH LOI REMAINS NON-BINDING, IT IS ANTICIPATED THAT PURCHASE PRICE WILL BE BETWEEN $18-$24 MILLION