Mayur Resources terminates Central Lime Project investment with Vision Blue, signs $50M deal with ACAM.
Mayur Resources terminated its investment agreement with Vision Blue Resources for the Central Lime Project in Papua New Guinea, citing irreconcilable differences. Mayur plans to pursue alternative funding avenues and has signed a US$50M deal with ACAM, which includes $40M equity and $115M debt/royalty funding. The project aims to create hundreds of jobs and replace Papua New Guinea's lime imports.
June 25, 2024
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