BRIEF-Cokal Agrees Terms For A Strategic Partnership

Reuters

2024/11/19

Nov 19 (Reuters) - Cokal Ltd :

* COKAL AGREES TERMS FOR A STRATEGIC PARTNERSHIP-

* CRATUS WILL INJECT TOTAL FUNDING OF APPROXIMATELY US$20.0M INTO COKAL

* EXECUTED BINDING TERM SHEETS WITH CRATUS GROUP

* COKAL AND CRATUS WILL FORM A 50-50 INFRASTRUCTURE JV TO INCREASE OPERATING CAPACITY AND EFFICIENCY OF COAL TRANSPORT INFRASTRUCTURE

Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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