*Disclaimer

PHOSCO LTD (ASX: PHO)

🔗 📄 📈

PHO: Update on Mining Concession Application

PHOSCO LTD

  1. As announced on 20 September 2022, PhosCo through its 50.99% owned subsidiary CPSA lodged an updated concession application for the Chaketma Phosphate Project located in Tunisia (Project) supported by an updated financing plan.
  2. CPSA on 19 December 2022 received a letter from the Minister of Industry, Mines and Energy (Minister) dated 7 December 2022 whereby the application for a mining concession over the Project did not receive approval (Minister's Decision).
  3. PhosCo will engage with the Minister to ensure its rights are protected in relation to the mining concession.

2023-01-03 15:35:00