Brief: Mayur Resources Signs Binding Term Sheet Agreement
Dec 5 (Reuters) - Mayur Resources Ltd MRL.AX :
* SIGNING OF A BINDING TERM SHEET AGREEMENT WITH PACIFIC
UNISON
* AGREEMENT TO COMPLETE FIRST DEVELOPMENT PHASE OF OROKOLO
BAY
INDUSTRIAL SANDS PROJECT IN PAPUA NEW GUINEA.
* PACIFIC UNISON WILL INVEST UP TO US$10 MILLION TO ENABLE
MAGNETITE PHASE OF OBP
Further company coverage: MRL.AX
((Reuters.Briefs@thomsonreuters.com;))
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