May 26, 2009 (FinancialWire) — Mon Arc Corp. (OTC: MONA) said it has signed a share exchange agreement to acquire H&T Processing Ltd., a private Canadian seed and farm input wholesaler, with sales of just over $1.3 million CDN for the year ending December 31.

The acquisition was completed on an all-stock basis.

According to Mon Arc, H&T has in recent years expanded its physical plant and built handling facilities to increase capacities and broaden its product lineup beyond seeds to a variety of farm inputs including chemical products.

The company said that H&T has shown “significant growth” in top line revenues over the last two years.

Nevada-based Mon Arc’s primary business is mass media distribution in China. The company’s 365 unit is engaged primarily in on line games distribution business in China.

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