Brief: Canterbury Resources Says Granted Syndicate Minerals Exclusive Option To Form A JV
May 31 (Reuters) - Canterbury Resources Ltd CBY.AX :
* GRANTED SYNDICATE MINERALS EXCLUSIVE OPTION TO FORM A JV
* UNDER OPTION, SYNDICATE HAS CONDITIONAL RIGHT TO EARN UP
TO 70%
INTEREST IN CANTERBURY'S PAPUA NEW GUINEA MINERAL PROJECTS
* CONDITIONAL RIGHT VIA FUNDING OF UP TO US$20 MILLION OF
STAGED
EXPLORATION
Source text for Eikon: ID:nASX95Gllw
Further company coverage: CBY.AX
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Canterbury Resources
See all newsBrief: Alma Acquires Camp To Accelerate Drilling At Briggs
Brief: Canterbury Resources Announces Acquisition Of Jack Shay Project
Australia's Canterbury Resources gains on acquisition of Central Queensland project
Australia's Canterbury Resources jumps on copper find
Brief: Canterbury Resources Seeks Trading Halt