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HomeFinTechAgrimin: Signs native title agreement for haul road at Mackay

Agrimin: Signs native title agreement for haul road at Mackay

Date:

Agrimin Signs native title agreement for haul road at Mackay

  • Agrimin (AMN) signs a native title agreement with Parna Ngururrpa (Aboriginal Corporation) RNTBC in relation to the haul road for the Mackay potash project, WA
  • The agreement provides the necessary consents for a miscellaneous licence to be granted to the company by the Department of Mines, Industry Regulation & Safety
  • As part of the agreement, the company has agreed to issue a million shares to PNAC, escrowed for three years
  • Apart from today’s agreement, the company is in the final stages of finalising an agreement to allow the granting of requisite haul road licences within the Tjurabalan determination area
  • Shares in the company are up 8.57 per cent to end the day trading at 38 cents

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