Brief: Newton Resources Says Group Entered MoU With A Coal Mining Company In PRC
22/01/2018 12:31
Jan 22 (Reuters) - Newton Resources Ltd 1231.HK :
* GROUP ENTERED MOU WITH A COAL MINING COMPANY IN PRC
* PURCHASE PRICE OF COAL IS EXPECTED TO BE DETERMINED BY
REFERENCE
TO AVERAGE SELLING PRICE OF COAL
* UNDER MOU, GROUP & COAL CO WILL DISCUSS ON PROPOSED
OFFTAKE OF
NOT LESS THAN 500,000 METRIC TONNES OF COALS FROM COAL MINES BY
GROUP
Source text for Eikon: ID:nHKS1xGyyL
Further company coverage: 1231.HK
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