BRIEF-Ferrum Crescent says co signed final investment agreement with Anvwar Asian Investment

Tue, 18 Mar - 6:40pm

March 18 (Reuters) - Ferrum Crescent Ltd FCR.AX :

* Signed a final investment agreement with aai to progress bfs at moonlight iron ore project located in Limpopo province of South Africa

* Total sum of US$10 million will be paid to the company in return for the granting of a 35% interest in the subsidiary company holding the moonlight assets

* Source text for Eikon News Search ID:nASXbbgNkP

* ((For more news, please click here FCR.AX ))

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URN: 
urn:newsml:reuters.com:20140318:nWNBS00DI0:5
Topics: 
ZA AU MET CMPNY MINE BLR ASIA EMRG DEAL1 LEN MRG RTRS BACT MIN AFR BMAT AFE MTAL STEE

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