Province Resources Ltd Stalls HyEnergy Project

Province Resources Ltd (AU:PRL) has released an update.

Province Resources Ltd has paused work on their HyEnergy® project, pending a satisfactory outcome from ongoing discussions with the state government, which began in May 2021. The company, holding a cash balance of $10.16 million, is exploring options to relist its shares on the ASX and has updated its ESG reporting to comply with the GRI Standards. No significant mining activities occurred in the last quarter, and the report includes related party payments related to director salaries and fees.

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