Aminex receives approval to sell stake in Tanzanian licence
Aminex has announced that it would sell up to 13 per cent interest in the Tanzania’s Kiliwani North Development Licence (KNDL) to Solo Oil for US$7mn
The company has received no objection from the Tanzanian Ministry of Energy and Minerals and said that the completion of the initial 6.5 per cent interest remained subject only to a formal deed of assignment being signed by all participating parties.
Solo Oil and Aminex have agreed to.... Read more »
Posted on : Friday , 2nd January 2015