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East West Petroleum Corp V.EW

Alternate Symbol(s):  EWPMF

East West Petroleum Corp. is a Canadian exploration and production company. The Company is pursuing conventional exploration and development oil and gas opportunities around the globe. In Romania, the Company has exploration rights in two exploration concessions, including EX-7 and EX-8.


TSXV:EW - Post by User

Post by Dragoonon Nov 24, 2022 6:29am
178 Views
Post# 35124361

Terms of deal in Romania are in the new MDA. 500k & 2.1%

Terms of deal in Romania are in the new MDA. 500k & 2.1%Romania assets, deal with NIS mentioned in new MDA: "The parties were moving towards final documentation with essential terms of a monetization event agreed, being a cash payment of US $500,000 and a royalty interest of 2.1%, as defined."... And... "The Company and NIS are working on the final documentation to implement the agreed terms once closing is possible."



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