Brief: Cokal Agrees Terms For A Strategic Partnership

Cokal

19/11/2024 01:26

Nov 19 (Reuters) - Cokal Ltd  CKA.AX :
    * COKAL AGREES TERMS FOR A STRATEGIC PARTNERSHIP-
    * CRATUS WILL INJECT TOTAL FUNDING OF APPROXIMATELY US$20.0M
INTO
COKAL
    * EXECUTED BINDING TERM SHEETS WITH CRATUS GROUP
    * COKAL AND CRATUS WILL FORM A 50-50 INFRASTRUCTURE JV TO
INCREASE
OPERATING CAPACITY AND EFFICIENCY OF COAL TRANSPORT
INFRASTRUCTURE


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