Intex Resources ASA - Confirms strategic partnership discussions Intex Resources ASA today confirms that the Company is in dialogue with a selected number of industrial groups to form a partnership for the development and completion of the Mindoro Nickel project in the Philippines. The mutual understanding between Intex and the industrial groups is that a partnership for the Mindoro Nickel project will create value for all parties well above the current market pricing. Together with these industrial groups, Intex is working on different partnership models including joint-ventures, earn-in models, merger of assets - or a combination of these - which in turn will enable the Company and/or its shareholders to realise substantial value from its investment. 08.10.2014 Intex Resources ASA ITX - Stock Exchange Notice 8 October The detailed path forward is expected to be concluded once a formal partnership has been established, and the Company will revert to the market in due course with further updates and news. Oslo, 8 October 2014 Intex Resources ASA Christian L. Holst Chairman Tel: +47 952 55 849 Henno Grenness CEO Tel: +47 911 44 658 About Intex Resources: Intex Resources ASA is a diversified mineral exploration company, based in Oslo, Norway. The company is dedicated to the responsible development of natural resources. Intexs main asset is the world class Mindoro Nickel project, located in Mindoro, The Philippines. More information is available at: intexresources
Posted on: Thu, 09 Oct 2014 10:29:35 +0000
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