LifeQuest World Corporation (OTCPK:LQWC) signed a letter of intent to acquire an unknown majority stake in Aquity (Pty) Ltd. on April 8, 2021. Pursuant to the LOI, LifeQuest World will acquire Aquity and provide project financing to pursue build own operate (BOO), build own lease transfer (BOLT) and Water-as-a-Service (WaaS) plants in South Africa. Lifequest is expected to arrange the debt financing along with its shares of equity capital.