Brief: Interra Resources Says Entered Joint Venture Agreement With Vibropower Corporation
01/11/2023 13:07
Nov 1 (Reuters) - Interra Resources Ltd INTR.SI :
* ENTERED INTO A JOINT VENTURE AGREEMENT WITH VIBROPOWER
CORPORATION
* VIBROPOWER SHALL CONSTITUTE & SELL TO CO CONVERTIBLE BOND
WITH
PRINCIPAL AMOUNT OF S$1.5 MILLION
* UNDER JV AGREEMENT, CO & VIBROPOWER AGREED TO CO-OPERATE
TO
BUILD 2-MW SOLAR FARM WITHIN LAND PARCEL LOCATED IN SABAH,
MALAYSIA
* TOTAL COST FOR DEVELOPING AND CONSTRUCTING SOLAR FARM IS
CURRENTLY BUDGETED AT S$3 MILLION
Source text for Eikon: ID:nSN1gM7mb
Further company coverage: INTR.SI
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