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News: BRL Bathurst Resources Announces Acquisition Of Tenas Project

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    05/09/23
    11:40
    Post #: 69735091

    Sept 5 (Reuters) - Bathurst Resources Ltd (BRL) :

    • ACQUISITION OF TENAS PROJECT
    • ENTERED INTO AN AGREEMENT TO PURCHASE ASSETS OF TENAS COKING COAL PROJECT
    • CONSIDERATION INCLUDES UPFRONT PAYMENT OF USD $2.33 MILLION AT CLOSING AMONG OTHERS
    • CONSIDERATION INCLUDES DEFERRED PAYMENT OF $4.0 MLN ON RECEIVING ALL FINAL PERMITS FOR TENAS PROJECT MINE
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