Human Unitec International Inc (HMNU)

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the Company has signed a Binding Purchase Agreement with Palladium Investments SA, of Lugano, Switzerland to build the first GRONE plant in Saudi Arabia.

The agreement provides for Palladium Investments SA to pay the Company a total of Forty Million Eight Hundred Thousand Dollars ($40,800,000) to be paid based on the scheduled milestones of the construction project. The initial payment of Eleven Million Three-Hundred Fifty Thousand Dollars, ($11,350,000), shall be paid to the Company through an escrow account managed by the the law offices of Walter Zandrini Avocat in Lugano, Switzerland. The remaining Twenty-Six Million Euro is paid based on construction milestones and the remaining payment on or before the completion date, January 1, 2021.

The Company is negotiating an offer for the construction of the GRONE with CONSORZIO LEUKOS, Leukos of Milan Italy, is a mixed stable consortium or construction, engineering, and services consortium, founded in 2016.

The President, Fabrizio Bosticco announced that after four years of development and enhancement of the technology group the construction of the Grone plants are now reality. "We look forward to this new partnership to complete the first of the six GRONE facilities and are negotiating with other international partners for additional sales."

About HMNU: https://www.otcmarkets.com/stock/HMNU/news/story?e&id=1623053