Omnitech Holdings Ltd: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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Omnitech Holdings Ltd Announces Purchase Of Coal Tenements With Profit Achieve Holdings Limited
Omnitech Holdings Ltd announced that it has entered into an agreement with Profit Achieve Holdings Limited to purchase its subsidiary, APEC Coal Pty Ltd via a Share Sale Agreement. APEC Coal Pty Ltd primary assets are two mining tenements prospective for coal in Queensland, the purchase price is for AUD 300,000. EPC1506 lies within the Clarence-Moreton Basin and approximately 20km northeast of Warwick Township near the New South Wales border. The entire tenement at grant, covered and area of approximately 454km2. EPC1506 was granted by the Queensland Department of Mines and Energy on May 13, 2009.
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