ALRICH

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MEMORANDUM OF UNDERSTANDING ORION IXL BERHAD ("ORION" OR "COMPANY") MEMORANDUM OF UNDERSTANDING BETWEEN ORION AND ENRICH MINING SDN BHD ("ENRICH") ("MOU")

ORION IXL BERHAD

Type Announcement
Subject MEMORANDUM OF UNDERSTANDING
Description
ORION IXL BERHAD ("ORION" OR "COMPANY")
MEMORANDUM OF UNDERSTANDING BETWEEN ORION AND ENRICH MINING SDN BHD ("ENRICH") ("MOU")

The Board of Directors wishes to announce that Orion had on 22 May 2020 entered into the MOU to commence exclusive discussions with Enrich in relation to a proposed collaboration to jointly (i) explore mining targets and develop mining operation at Gossan Hill area, District of Jeli, Kelantan and (ii) manage the Senor Alluvia Gold Mining operations at District of Jeli, Kelantan. 

 

The details of the announcement are set out in the attachment.

 

This announcement is dated 22 May 2020.




Please refer attachment below.



Announcement Info

Company Name ORION IXL BERHAD
Stock Name ORION
Date Announced 22 May 2020
Category General Announcement for PLC
Reference Number GA1-22052020-00112