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MagIndustries Corp MAAFF

MagIndustries Corp is engaged in development and exploration of potash salt deposits. The company has two business units: MagMinerals and MagForestry. It is primarily engaged in the financing, developing and placing into production or operation of the projects such as potash plant, a potash exploration and eucalyptus plantation and chip mill. Geographically all the operations are functioned through the region of Canada.


GREY:MAAFF - Post by User

Bullboard Posts
Comment by stk_skron Feb 14, 2011 10:57am
296 Views
Post# 18128762

RE: spoke to mgmt

RE: spoke to mgmtRe: time limit

https://www.magindustries.com/innerpage.aspx?pageid=189

The Mengo Mining Permit gives the holder MagMinerals Potasses Congo SA., the exclusive right to carry out exploitation (mining) activities in the area defined by the permit, to an unlimited depth and in respect of potassium salts. The Mengo Mining Permit granted on April 3, 2008 is valid for maximum 25 years and can be extended upon request by the permit holder for maximum periods of 15 years per extension.

Let's all take a deep breath and be sure about the info. we're posting.
Bullboard Posts