Restructure of joint venture deal the logical next step for Emmerson Resources

By Andrew Scott / February 19, 2018 / www.proactiveinvestors.co.uk / Article Link

Rob Bills, managing director of Emmerson Resources Limited (ASX:ERM), tells Proactive they've reached an agreement with Evolution Mining Ltd (ASX:EVN) to restructure the Tennant Creek Mineral Field (TCMF) joint venture.

Bills says the mutually beneficial proposed new ownership structure reflects the differing size and corporate objectives of the companies.

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