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Phoenitron Holdings Ltd completes formation of Joint Venture Company

Wednesday, 27 Aug 2014 05:54am EDT 

Phoenitron Holdings Ltd:Says all the conditions precedents in the Framework Agreement have been satisfied and completion of the formation of JV Company took place on Aug. 27.Immediately following the completion, the Company through Phoenitron Resources Company Limited is interested in 75 pct of the equity interest of the JV Company. 

Company Quote

0.0020 +0.93%
9:05pm EST