Brief: Mayur Resources Says It Executed EoI With Santos Ventures
20/06/2022 07:50
June 20 (Reuters) - Mayur Resources Ltd MRL.AX :
* EXECUTED EOI WITH SANTOS VENTURES PTY
* EOI TO JOINTLY DEVELOP A PORTFOLIO OF NATURE-BASED CARBON
OFFSET
PROJECTS IN PAPUA NEW GUINEA
* TO PROVIDE SANTOS WITH 180 DAYS EXCLUSIVITY TO NEGOTIATE &
ENTER
BINDING DEAL TO DEVELOP CARBON PROJECTS
* SANTOS PROVIDED US$3 MILLION FACILITY TO FUND ONGOING
WORK ON
CARBON PROJECTS
Source text for Eikon: ID:nASX3PYGLd
Further company coverage: MRL.AX STO.AX
((Reuters.Briefs@thomsonreuters.com;))
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