Oct 12 (Reuters) - Forage Orbit Garant Inc OGD.TO :
* ORBIT GARANT EXPANDS WEST AFRICAN OPERATIONS WITH US$6.4 MILLION ACQUISITION IN BURKINA FASO
* FORAGE ORBIT GARANT INC - PROPOSED DEAL FOR PURCHASE PRICE OF US$6.4 MILLION
* FORAGE ORBIT GARANT INC - ORBIT GARANT WILL FUND US$6.4 MILLION PURCHASE PRICE THROUGH DRAWS ON ITS CREDIT FACILITY
* FORAGE ORBIT GARANT - EXPECTS DEAL TO ADD ABOUT C$12 MILLION IN INCREMENTAL REVENUE & GENERATE POSITIVE CASH FLOW AND EARNINGS FOR FY ENDED JUNE 30, 2019
* FORAGE ORBIT GARANT - CASH COMPONENT OF DEAL IS $5.15 MILLION, WITH $2.575 MILLION PAID ON CLOSING, AND $2.575 MILLION PAID 12 MONTHS AFTER CLOSING DATE