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Provider : Reuters Investment Profile
Provider : GlobalData
Provider : GlobalData
Provider : GlobalData

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Intex Resources cancels agreement with MCC8

Wednesday, 4 Dec 2013 08:36am EST 

Intex Resources ASA:Says on Dec. 4 MCC8 announced that MCC8 has received an offer to acquire the Mindoro Nickel project.Says Intex Resources has not received such an offer, and hereby rejects the content of the press release issued by MCC8 on Dec. 4.Says the company hereby announces the immediate cancellation of the agreement with MCC8 announced on June 5.Says the basis for the cancellation is due lack of confidence and trustworthiness of MCC8.The cooperation agreement signed in June included a suggested process of listing Mindoro Nickel in Hong Kong with a new mining joint venture company between MCC8 and Jinchuan as operator of the project.Mindoro Nickel project is Intex's main asset. 

Company Quote

-0.07 -6.25%
10:25am EDT