Nov 7 (Reuters) - UrtheCast Corp UR.TO :
* URTHECAST ANNOUNCES ENTERING INTO DEFINITIVE AGREEMENTS FOR THE ACQUISITION OF GEOSYS FROM LAND O'LAKES
* URTHECAST CORP - URTHECAST WILL PAY US$5 MILLION TO LAND O'LAKES FOR 100% OF OWNERSHIP OF GEOSYS ON FIRST CLOSING OF TRANSACTION
* URTHECAST CORP - INTENDS TO FUND ACQUISITION OF GEOSYS WITH A COMBINATION OF AVAILABLE FUNDS AND DEBT FOR WHICH IT HAS OBTAINED BINDING COMMITMENTS