Brief: Evrim and ArcelorMittal sign five year exploration agreement
12/02/2014 13:35
Feb 12 (Reuters) - Evrim Resources Corp EVM.V : * Evrim and ArcelorMittal sign five year exploration agreement * ArcelorMittal and Evrim will jointly fund exploration programs to search for iron ore projects of merit in Mexico * Says parties have agreed to a firm commitment for the first two years of the agreement * Says development of projects will be funded solely by ArcelorMittal, which will thereby earn a 100% interest in such projects * Source text for Eikon ID:nGNXUZUKRa * Further company coverage EVM.V ((Bangalore Newsroom; +1 646 223 8780))
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