Post by
billr861 on Apr 01, 2019 4:17pm
Page 12 Annual Information Form
"During the first quarter of 2019, Argex and Hung Thinh Minerals Investment Ltd. completed negotiations for the formation of a Joint Venture which will create a Vietnamese company to own and operate a 50,000 tonne per annum TiO2 facility in Binh Thuan Province in Vietnam. Formal documents have been prepared cementing this relationship. "
So negotiations are complete, they must still be waiting for the papers to be signed. Possibly waiting for government approval? Sounds like a done deal to me, just crossing the t's and dotting the i's.
Comment by
Ontario1 on Apr 01, 2019 4:27pm
And also this!! During the first quarter of 2019, Argex executed an off-take agreement with a major U.S. paint producer which covers a twelve-year period beginning with the start-up of its 100,000 tonnes per annum commercial plant in Canada.
Comment by
Menace46 on Apr 01, 2019 9:54pm
Now that they’ve announced the completion of the JV company agreement & another North American off-take agreement through this “information form” maybe there won’t be an official news release?
Comment by
TomKCam on Apr 02, 2019 10:14am
Menace46, They did not announced the completion of the JV! It is written : 'Formal documents have been prepared cementing this relationship'. It is not stated as signed. And formals documents might refers to differents documents types, might not be the final JV legals douments. There will be an official NR about the JV. That is sure. GLTA, Tom
Comment by
Operateur on Apr 02, 2019 10:45am
I confirm that public announcements will take place as soon as the agreements are official ...