Main points are:
- MUR has entered into a cooperation agreement with Areva
- Areva to acquire initial 5% stake in MUR through placement at A$0.135c per share
- MUR to issue shares to a further 10% in consideration for access to it's extensive geological database on Mauritania and provision of technical services, equipment and personnel
- Exploration to be fastracked at Bir En Nar and other Mauritania projects
- Agreement to form JV on delination of minimum 60m lbs inferred JORC resource within two years.
It's just resumed trading again now...
MUR
murchison united nl
Main points are:- MUR has entered into a cooperation agreement...
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