Brief: Basanite Signs Term Sheet With Eastman Minerals For Proposed $2 Million Investment In Somaliland Gold Processing Project
Yesterday 12:02
BRIEF-Basanite Signs Term Sheet With Eastman Minerals For Proposed $2 Million Investment In Somaliland Gold Processing Project June 30 (Reuters) - Basanite Inc BASA.PK:
SIGNS TERM SHEET WITH EASTMAN MINERALS FOR PROPOSED $2 MILLION INVESTMENT IN SOMALILAND GOLD PROCESSING PROJECT
TO HOLD 40% OWNERSHIP INTEREST IN PLANT 1; EASTMAN MINERALS TO RETAIN 60% AND TO MAINTAIN OPERATIONAL CONTROL OF PROJECT
Source text: ID:nPnx2zZna
Further company coverage: BASA.PK