Pennine Petroleum Corporation provided a thirty-day update on the status of the Earn-in Agreement. As announced on December 03, 2021, Pennine has signed an Earn-in Agreement (the "Agreement") with Techshed Investments (Private) Limited which owns and operates a producing gold mine in Zimbabwe. The Agreement, which is subject to financing, allows the Corporation to earn 51% of the increased future production of the mine by investing USD 1.0million in capital expansion and development (including exploration) over the next two years.
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5-day change | 1st Jan Change | ||
0.065 CAD | -.--% | -.--% | +62.50% |
1st Jan change | Capi. | |
---|---|---|
+62.50% | 13.38L | |
+1.35% | 4.83TCr | |
+24.36% | 3.4TCr | |
-2.88% | 2.99TCr | |
+14.20% | 2.48TCr | |
+5.13% | 1.09TCr | |
+29.43% | 1.01TCr | |
+38.03% | 997.17Cr | |
-.--% | 876.99Cr | |
+5.98% | 842.63Cr |
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- Pennine Petroleum Corporation Provides A Thirty-Day Update on the Status of the Earn-In Agreement