Brief: Alexander Mining Says Proses Entered Into Agreement With Osmanli Madencilik

Osmanli Yatirim Menkul Degerler

02/10/2018 14:47

Oct 2 (Reuters) - Alexander Mining PLC  AXM.L :
    * PROSES UPDATE ON ZINC PLANT IN TURKEY
    * PROSES HAS NOW ENTERED INTO A FORMAL ROYALTY AGREEMENT
WITH
OSMANLI MADENCILIK OF TURKEY
    * OSMANLI WILL RECEIVE PERCENTAGE OF PRODUCT FROM SISP &
FROM ORE
PRODUCED BY PROSES AT OSMANLI MINING LICENCE AREA AS A ROYALTY
    * PROSES WILL PROACTIVELY SEEK TO RECEIVE OR PURCHASE ZINC
OXIDE
ORES FROM OTHER MINERS IN REGION FOR TREATMENT AT PLANT

Source text for Eikon:  ID:nRSB7090Ca 
Further company coverage:  AXM.L 

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