AMD 0.00% 0.2¢ arrow minerals ltd

Ann: Trading Halt, page-80

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    SEGUE AND MMG LIMITED ENTER INTO PLUMRIDGE NICKEL JOINT VENTURE HIGHLIGHTS:
     Segue has entered into a farm-in joint venture with a subsidiary of MMG Limited (MMG) covering eight (8) exploration tenements at the Plumridge Nickel Project in the Fraser Range Province.
     Through the joint venture, MMG can earn a 51% interest in the project by investing $6.5 million in exploration activity from September 2015 to December 2019.
     MMG also has the option to increase its interest to 70% by investing an additional $7.5 million.
     All joint venture tenements will be maintained by MMG during the earn-in period and MMG will manage all exploration activities.
    Last edited by lollot: 18/09/15
 
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