Fabian Baker, Managing Director of Kingsrose commented: “The receipt of this Exploration Permit from Tukes is an important milestone in the process to commence drilling at Penikat. Granting of this Exploration Permit was preceded by granting of a Water Abstraction Permit by the Regional State Administrative Agency, receipt of a positive statement from the Regional Centre for Economic Development (ELY), receipt of a positive statement from Metsähallitus (state-owned land holder), and receipt of a Derogation Permit from the Ministry of Environment. These outcomes are evidence of Kingsrose’s industry leading approach to sustainability and stakeholder engagement. We would like to thank our loyal shareholders for their patience.”
KRM Price at posting:
3.9¢ Sentiment: Buy Disclosure: Held
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