In Canada, Petrox Resources Corp. announced that, further to its news releases of May 24, 2024 and October 1, 2024 in which Petrox announced the signing of a non-binding letter of intent to complete a transaction whereby it will acquire all of the shares of SSGE Bio-energy Company Limited, the deadline to enter into a definitive agreement with respect to the Transaction has been further extended to March 31, 2025, failing which the LOI will be terminated.
Tags: Canada, Petrox, SSGE Bio-energy
Category: Fuels
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