DLCR 8k out Item 8.01 Other Events. On Janua
Post# of 37038
(Total Views: 617)
Posted On: 04/26/2018 8:37:00 AM
DLCR 8k out
Item 8.01 Other Events.
On January 22, 2018, the Company’s subsidiary Aqua Mining (PNG) Ltd entered into a joint venture with Zubene No 1 clan group, Zubene Two clan group, Vasira clan group, and Boura Inari clan group. The joint venture is seeking approval from the Department of Forestry Papua New Guinea, on an application for a Timber Authority (TA) on 790 hectares in Lowland Forest area, which is located in upper Kwikila Station, Rigo District along Magi Highway in Central Province, Papua New Guinea, approximately 40 kilometers East from Port Moresby and 17 kilometers from the highway along an unsealed road to Vasira Villages. The Timber Authority approval for Lowland Forest area allows the Company to commercialize up to 5,000 cubic meters of timber within 12 months and is valid for an initial term of two years.
The application has been lodged for the next PNG Forest Authority meeting scheduled April 2018 month end
archive.fast-edgar.com//20180426/AQ22N62CZ22RDZVN22292ZX2K9AS7Z22Z2A2/
Item 8.01 Other Events.
On January 22, 2018, the Company’s subsidiary Aqua Mining (PNG) Ltd entered into a joint venture with Zubene No 1 clan group, Zubene Two clan group, Vasira clan group, and Boura Inari clan group. The joint venture is seeking approval from the Department of Forestry Papua New Guinea, on an application for a Timber Authority (TA) on 790 hectares in Lowland Forest area, which is located in upper Kwikila Station, Rigo District along Magi Highway in Central Province, Papua New Guinea, approximately 40 kilometers East from Port Moresby and 17 kilometers from the highway along an unsealed road to Vasira Villages. The Timber Authority approval for Lowland Forest area allows the Company to commercialize up to 5,000 cubic meters of timber within 12 months and is valid for an initial term of two years.
The application has been lodged for the next PNG Forest Authority meeting scheduled April 2018 month end
archive.fast-edgar.com//20180426/AQ22N62CZ22RDZVN22292ZX2K9AS7Z22Z2A2/
(0)
(0)Scroll down for more posts ▼