Brief: Typhoon To Reduce Operation Expenses During COVID-19 Pandemic
09/04/2020 14:21
April 9 (Reuters) - Typhoon Exploration Inc TYP.V :
* TYPHOON TO REDUCE OPERATION EXPENSES DURING THE COVID-19
PANDEMIC
* TYPHOON EXPLORATION INC - SUSPENDING ALL ITS FIELD
EXPLORATION
ACTIVITIES UNTIL GOVERNMENTS ALLOW THEM
* TYPHOON EXPLORATION - STARTING MAY , CO WILL PROTECT
WORKING
CAPITAL BY REDUCING BY 50% CORPORATE EXECUTIVES' SALARIES,
WAGES, AND VEHICLE ALLOWANCES
Source text for Eikon: ID:nCNWdH5fla
Further company coverage: TYP.V
((Reuters.Briefs@thomsonreuters.com;))
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