Brief: Icon Energy Provides Market Update

Icon Energy

10/11/2022 01:14

Nov 10 (Reuters) - Icon Energy Ltd  ICN.AX :
    * MARKET UPDATE
    * ADVISES THAT APPLICATIONS LODGED TO RENEW ATP 855 HAVE NOT
BEEN
ACCEPTED BY DEPARTMENT OF RESOURCES
    * HOPES TO RETAIN PERMIT
    * INABILITY TO RENEW TENEMENT WOULD RESULT CARRYING VALUE OF
ATP
855 WOULD REDUCE TO NIL
    * DEPARTMENT OF RESOURCES VIEW IS THAT TENEMENT HAS EXPIRED
AND
CANNOT BE RENEWED

Source text for Eikon:  ID:nASXLq6qH 
Further company coverage:  ICN.AX 
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