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Greystone Housing Impact Investors LP V.GHI


Primary Symbol: GHI

Greystone Housing Impact Investors LP is engaged in acquiring, holding, selling and otherwise dealing with a portfolio of mortgage revenue bonds (MRBs). The Company's segments include Affordable Multifamily MRB Investments, Seniors and Skilled Nursing MRB Investments, MF Properties, and Market-Rate Joint Venture Investments. The Affordable Multifamily MRB Investments segment consists of its portfolio of MRBs, governmental issuer loans (GILs) and related property loans that offer construction and/or permanent financing for multifamily residential and commercial properties in their market areas. The Seniors and Skilled Nursing MRB Investments segment provides acquisition, construction and permanent financing for seniors housing and skilled nursing properties. The Market-Rate Joint Venture Investments segment consists of its noncontrolling joint venture equity investments in market-rate multifamily properties. The MF Properties segment consists of student housing residential properties.


NYSE:GHI - Post by User

Post by Oilseekeron Jan 25, 2011 10:12am
379 Views
Post# 18022143

Nanika News

Nanika News

Nanika JV receives remaining signing payment

2011-01-25 09:51 ET - News Release

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Here is a sample of this item:

Mr. James Jacuta reports

PAYMENT ON CANADA MOLYBDENUM CORP. JOINT VENTURE RECEIVED

Nanika Resources Inc.'s joint venture company, Canada Molybdenum Corp., has received the second half of the $500,000 signing payment required pursuant to the terms of the joint venture agreement entered into with Korean partners in 2009. Canada Molybdenum Corp. is the joint venture company incorporated as a subsidiary pursuant to the joint venture agreement entered into with Palm Clean Energy Inc. and Daewon Chemical Co. Ltd. of South Korea.

The joint venture company, Canada Molybdenum Corp., is responsible for the continued exploration, development and mining right to the Lucky Ship molybdenum project located at the Nanika Ridge site approximately 85 kilometres southwest of the town of Houston, B.C. The rights to further develop the Lucky Ship property have been conveyed back to Canada Molybdenum from Nanika. The Lucky Ship molybdenum property has 24,812 metres of drilling in 94 holes that were completed since 2006 under the operation of Nanika Resources. The property has an indicated mineral resource of 65.66 million tonnes of average 0.064% Molybdenum or 92.6 million pounds of Molybdenum as per National Instrument 43-101 compliant reports available for public viewing at sedar.com.

Year of  the Profit, OIlseeker

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