"As a part of the Company’s plan to develop the resource base, Invictus is engaged in discussions on multiple fronts to bring in strategic partners to participate in the Cabora Bassa Project.
During the quarter, the Company executed confidentiality agreements with multiple parties including upstream oil and gas and oilfield service companies interested in potentially partnering or financing future activity in the Cabora Bassa Project.
Additional confidentiality agreements and engagements with regional development banks and upstream oil and gas companies are also in progress."
Ann: Quarterly Report and Cashflow, page-7
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