Brief: Mayur Resources Says It Executed EoI With Santos Ventures

Pacific Lime and Cement

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