Aminex PLC Advances with Ntorya Gas Project

Aminex plc (GB:AEX) has released an update.

Aminex PLC has reported a half-year loss of US$1.35 million but progresses with strategic milestones, including a gas sales agreement and a 25-year development license for the Ntorya gas field. The Tanzanian government has committed to constructing a pipeline to facilitate gas sales, and Aminex secured a US$3 million funding facility to ensure sufficient working capital until the initiation of gas sales revenues.

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