AUQ 0.00% 5.2¢ alara resources limited

Boring for some maybe but South West Pinnacle don't think so....

  1. 83 Posts.
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    Boring for some maybe but South West Pinnacle don't think so. Looks like the wheels are starting to turn re the JV.

    www.southwestpinnacle.com/images/pdf/Corporate_announcement_23052018.pdf

    "In due compliance with and pursuant to Regulation 30(6) of SEBl (Listing Obligations and Disclosure
    Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the Company
    in their meeting held on 23" May, 2018 has decided the followings:

    1). Approved the investment up to USD 1 million in 50/50 Joint Venture ("JVC") for Oman Operations,
    in furtherance to "HOA" on 15th March, 2018 entered into between South West Pinnacle Exploration
    Limited ("South West") with Alara Oman Operations Pty Ltd ("AOOPL"), for providing mineral
    drilling, exploration, geological services and applying for new Exploration Licenses within Oman and
    GCC Countries."
 
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