Brief: Nelson Resources Updates On Review Of Operations And Cost Saving Measures

Nelson Resources

13/12/2022 01:04

Dec 13 (Reuters) - Nelson Resources Ltd  NES.AX :
    * REVIEW OF OPERATIONS AND COST SAVING MEASURES
    * DECIDED TO CEASE PROVISION OF THIRD-PARTY EXPLORATION
SERVICES
BY ITS WHOLLY-OWNED SUBSIDIARY, NELSON EXPLORATION SERVICES PTY
LTD
    * UNDERTAKING REVIEW OF THIRD PARTY SERVICES CONTRACTS AND
OFFICE
LEASES, WITH A VIEW TO IDENTIFYING FURTHER COST REDUCTIONS
    * IN PROCESS OF DISPOSING OF EXPLORATION EQUIPMENT THROUGH
AUCTIONS OR DIRECT NEGOTIATION WITH INTEREST UNRELATED PARTIES

Source text for Eikon:  ID:nASXbKrCcn 
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