July 5 (Reuters) - Mineral Hill Industries Ltd MHI.V :
* Update on mineral Hill's Oil & Natural gas project
* Mineral Hill Industries - agreement signed with a Danish
based financial services co to assist with issue of bond created
to develop opl-236 project
* Mineral Hill Industries- there have been discussions with
2 institutional investors which would involve investment of
between $60-70m for 10-year term
* Mineral Hill Industries Ltd - us based insurance company
has completed due diligence, is expected that they will confirm
that they will insure bond
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