MNS 0.00% 4.2¢ magnis energy technologies ltd

Ann: Tanzanian Update on Nachu Graphite Project, page-6

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    Since the announcement of the approval of the SEZ licence, the Company has received a number of expressions of interest from large financial institutions for the funding of infrastructure to support the project. This interest includes gas pipelines, power supply and roads. The Company continues to look at these expressions of interest as well the options for the financing of the overall project development. 10. The appointment of members to the Mining Commission in Tanzania were announced overnight.
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