Brief: Equatorial Resources Updates On Got Notification Decree Was Issued On Badondo Project

Equatorial Resources

21/12/2020 01:27

Dec 21 (Reuters) - Equatorial Resources Ltd  EQX.AX :
    * GOT NOTIFICATION THAT A DECREE WAS ISSUED ON 30TH NOV,
SUPPORTS
AWARD MINING LICENCE FOR BADONDO PROJECT TO SANGHA MINING
    * VIA UNIT EEPL HOLDINGS MAURITIUS, WILL SERVE A NOTICE OF
DISPUTE
AND REQUEST FOR NEGOTIATIONS
    * OFFICIAL JOURNAL ALSO CONTAINS SEPARATE DECREES WHICH
PURPORT TO
AWARD MINING LICENCES FOR NABEBA AND AVIMA TO SANGHA MINING
    * IF DISPUTE NOT RESOLVED IN 6 MONTHS, TO CONSIDER
INTEREST'L
ARBITRATION PROCEEDINGS TO PUSUE FULL COMPENSATION FROM ROC
GOVERNMENT

Source text for Eikon:  ID:nASX6S2t2P 
Further company coverage:  EQX.AX 

 ((Reuters.Briefs@thomsonreuters.com;))