WWI 14.3% 1.2¢ west wits mining limited

News: WWI West Wits Mining enters into new agreement for Derewo Project, Indonesia

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    Oct 12 (Reuters) - West Wits Mining Ltd (WWI) :

    • Entered into a new business alliance agreement for Derewo Project, Papua Province, Indonesia with Pt Tobacom Del Mandiri
    • TDM will also have right to appoint one director to board of PTMQ as well as one commissioner
    • TDM is responsible for granting of clean and clear certificates and forestry permits for Derewo, securing safe access to project site
    • TDM will receive a 30% equity interest in Pt Madinah Quarataa'in, west wits subsidiary which holds licences for Derewo project
 
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