Berkeley Energia - Signs US$120 million strategic investment
BKY
Thu, 31 Aug 2017, 09:00am BST
Berkeley Energia Limited (BKY AIM/ASX) is a high impact, clean energy company focussed on bringing its wholly owned Salamanca project into production, commencing initial development in mid-2016.
Industry: Basic Materials
Contact:
Berkeley Energia announce that they have entered into an investment agreement with the sovereign wealth fund of the Sultanate of Oman agreeing to invest up to US$120 million to fully fund the Salamanca mine into production. Paul Atherley, Managing Director is delighted to welcome the fund as a long-term strategic investor in the Company and looks forward to working closely with them to realise the full potential of the exciting Salamanca project.
