EAR 0.75% 33.3¢ echo resources limited

News: EAR MACA Ltd signs LOI with Echo Resources

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    Dec 6 (Reuters) - MACA Ltd (MLD) :

    • SIGNS LETTER OF INTENT TO APPOINT MACA MINING UNDER OPEN PIT MINING SERVICES CONTRACT AND MACA INTERQUIP UNDER MILL REFURBISHMENT CONTRACT
    • HAS SEPARATELY AGREED TO SUBSCRIBE FOR $1.5 MILLION WORTH OF SHARES IN ECHO AT $0.11 PER SHARE
    • LOI CONFIRMS THAT ECHO INTENDS TO AWARD TWO CONTRACTS TO MACA
 
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