AGR 4.88% 3.9¢ aguia resources limited

Ann: Drilling discovery extends strike length at Tres Estradas, page-13

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  1. 507 Posts.
    Some comments in the german website:

    The Brazilian fertilizer developer Aguia Resources (ISIN: AU000000AGR4 / ASX: AGR), in which Sulliden Mining Capital (ISIN: CA8651251081 / TSX: SMC) holds a 17.3% stake in a share investment, announced that companies with the company ' Tres Estradas' phosphate project was classified as' priority 'by the economic development minister of the State of Rio Grande do Sul. The Minister of Economy of the Sala do Investidor will bring Aguias management into direct contact with high-ranking government representatives.

    Through direct contact with the relevant Ministers of Mining and Energy, the responsible finance minister and the state environmental authority, as well as the state electricity company CEEE, Aguias development steps can be implemented more quickly. The Sala do Investidor Agency coordinates the different phases of the project, which are necessary for governmental measures or government regulation.
    This includes the interaction of state ministers and authorities as well as the identification of financing possibilities by the local development bank Banrisul, in consultation with the municipal government. For this reason, each company declared as a "priority" receives a manager who monitors the project phases and supports them in tax questions, financing options, environmental approvals, logistics and infrastructure, and then initiates further steps with all parties involved.
    Aguas technical manager Fernando Tallarico was very pleased with this bonus and said, "We are very proud to be recognized as a priority company from the Brazilian state of Rio Grande do Sul. We will be held in Sala do Investidor and the managers appointed for Aguia To be given priority access to key government authorities that will be helpful in the near future in the development of our project. " The first positive impact has already been felt, since important contacts have already been established with the Ministry of Finance, for example, with a view to possible tax incentives, and with CEEE, in order to connect the project to the national electricity grid.
 
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