Brief: MRG Metals Enters MoU To Form Joint Venture On Mozambique Corridor Sands Projects

MRG Metals

26/07/2023 02:18

July 26 (Reuters) - MRG Metals Ltd  MRQ.AX :
    * MOU TO FORM JOINT VENTURE ON MOZAMBIQUE CORRIDOR SANDS
PROJECTS
    * MOU WITH TIANJIN LANQI MATERIALS COMPANY LIMITED
    * BOTH PARTIES SHALL SIGN JV AGREEMENT UPON OR BEFORE
COMPLETION
OF DUE DILIGENCE PERIOD
    * AGREEMENT TO SET UP A JV CO IN MOZAMBIQUE OWNED 75% BY
LANQI AND
25% BY MRG

Source text for Eikon:  ID:nASX6y0JJ9 
Further company coverage:  MRQ.AX 

 ((Reuters.Briefs@thomsonreuters.com;))