Brief: Foresta Says To Terminate Term Sheet & Commence Binding Negotiations
Sept 13 (Reuters) - Foresta Group FGH.AX :
* TO TERMINATE TERM SHEET & COMMENCE BINDING NEGOTIATIONS
* TO TERMINATE TERM SHEET AND COMMENCE BINDING FEEDSTOCK
SUPPLY
AGREEMENT NEGOTIATIONS
* TERMINATION OF TERM SHEET ALLOWS PARTIES TO NOW FOCUS
SOLELY ON
NEGOTIATION AND EXECUTION OF NECESSARY BINDING AGREEMENT
* CO NOTES THAT THERE IS NO GUARANTEE THAT BINDING SUPPLY
AGREEMENT WILL BE AGREED AND EXECUTED
Source text for Eikon: ID:nASX6Js3sg
Further company coverage: FGH.AX
((Reuters.Briefs@thomsonreuters.com;))
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