Tenex have a Russian background, the term sheet stipulates that any of the holding in GEH is subject to U.S. government approvals and other commercial conditions precedent.
And this -:
The enclosed SF-328 only covers the interim status considered in the Term Sheet. The SF-328 will need to be updated in connection with any future transactions, and appropriate FOCI negation measures may need to be implemented, as needed to satisfy the U.S. Government, prior to implementing the transaction yet to be negotiated.
Considering what is developing between the US and Russia, I reckon there would be a snowballs chance in hell that Tenex ever gets a look in somehow?
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