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Wednesday, February 5, 2014

Nuvilex Inc., of Silver Spring, Md., acquired a 14.5 percent equity interest in SGAustria Pte. Ltd. (Austrianova), which owns Austrianova Singapore Pte. Ltd. The issuance of shares by Austrianova fulfils an obligation to Nuvilex that was part of an asset purchase agreement between both companies pertaining to the acquisition of Bio Blue Bird AG.

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