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Marvel Gold Ltd's Chilalo Graphite Project spin-out advances with key share exchange agreement executed

Marvel Gold s Chilalo Graphite Project spin-out advances with key share exchange agreement executed
While the spin-out is well-advanced, it remains subject to a number of conditions, both as a function of the terms of the SEA as well as regulatory matters.
Evolution has appointed Chieftain Securities Pty Ltd and Ashanti Capital Pty Ltd as joint lead managers to the spin-out.
Marvel Gold Ltd’s (ASX:MVL) (FRA:GR2) proposed spin-out of its Chilalo Graphite Project in Tanzania and initial public offering (IPO) of wholly-owned subsidiary Evolution Energy Metals Ltd is at an advanced stage – pending final in-country regulatory approvals.
In a key development, a share exchange agreement (SEA) has been executed under which Marvel has agreed to sell the Chilalo Project to Evolution in exchange for Evolution shares valued at A$10 million. ....

Phil Hoskins , Ngwena Tanzania , Tanzania Fair Competition Commission , Evolution Energy Metals Ltd , Australian Securities Exchange , Chilalo Graphite Project , Chilalo Project , Chilalo Graphite , Fair Competition Commission , Tanzania Limited , Evolution Shares , பில் ஹோஸ்கின்ஸ் , தான்சானியா நியாயமான போட்டி தரகு , ஆஸ்திரேலிய பத்திரங்கள் பரிமாற்றம் , நியாயமான போட்டி தரகு , தான்சானியா வரையறுக்கப்பட்டவை ,

Investments: Samia urges good sense, not just laws

Investments: Samia urges good sense, not just laws
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Investments: Samia urges good sense, not just laws
PRESIDENT Samia Suluhu Hassan yesterday reminded senior administrative officials to use good sense to boost investments, instead of being held back by law provisions.
She made this remark when addressing senior administrative officials for various regions , cautioning them to undertake their duties diligently, as she will not tolerate underperformance.
The president said she was aware that those entrusted with such positions at local government levels abuse such positions, like arrogating land for their own use against interests of people in those areas.
Instead of sorting out conflicts they seek to acquiring large parcels of land and thus enter into the cycle of endless land disputes, she cautioned. ....

Batilda Buriani , Rodrick Mpogolo , William Erio , Hamad Khamis , John Mduma , Public Service Commission , Fair Competition Commission , Police Camilius Wambura , National Social Security Fund , Ceos Of The Fair Competition Commission , Workers Compensation Fund , Regional Administrative Secretaries , State House , Executive Officer William Erio , Director General , Criminal Investigations , President Samia , Regional Administrative Secretary , Secretary General , பொது சேவை தரகு , நியாயமான போட்டி தரகு , தேசிய சமூக பாதுகாப்பு நிதி , தொழிலாளர்கள் இழப்பீடு நிதி , நிலை வீடு , இயக்குனர் ஜநரல் , குற்றவாளி விசாரணைகள் ,

Simba SC chairmanship's candidate holds campaign in Dar

Simba SC chairmanship s candidate holds campaign in Dar
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Simba SC chairmanship s candidate holds campaign in Dar
JUMA Nkamia, one of candidates for Simba Sports Club s chairman s post, has said cooperating with the outfit s members located all over the country and giving them freedom to contribute ideas for the squad s development is one of his priorities, once he is elected for the post.
Juma Nkamia.
Nkamia (pictured), who was Member of Parliament for Dodoma s Chemba Constituency, is vying for the chairman s post with Murtaza Mangungu who was also the Member of Parliament for North Kilwa Constituency.
They are seeking to fill the vacancy left by Sued Nkwabi in the by-election scheduled for February 7, this year. ....

Dar Es Salaam , Murtaza Mangungu , Boniface Lihamwike , Simba Election Committee , Fair Competition Commission , Member Of Parliament , Chemba Constituency , North Kilwa , Sued Nkwabi , Deputy Minister , Election Committee , Chairman Boniface Lihamwike , தார் எஸ் சலாம் , சிம்பா தேர்தல் குழு , நியாயமான போட்டி தரகு , உறுப்பினர் ஆஃப் பாராளுமன்றம் , வடக்கு கீழ்வா , துணை அமைச்சர் , தேர்தல் குழு ,