Sept 6 (Reuters) - Pelican Resources Ltd (PEL) :
- Sale of Sibuyan Nickel Properties Development Corporation (PEL)
- Under the MOU, the agreed purchase price was $4.7 million
- Says Dynamo has now written to Pelican indicating that it does not wish to proceed with the purchase of snpdc
- Says Dynamo has requested a full refund the purchase price paid to date under the agreement
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