Top End Energy Limited (AU:TEE) has released an update.
Top End Energy Limited has received the final government approval necessary for acquiring key acreage in the Northern Territory from Hancock Prospecting’s subsidiaries, marking a significant step towards completing the transaction. The approval follows the consent from the Northern Land Council and fulfills the major condition for the finalization of the deal that includes Exploration Permits 144, 153, and 154. With this hurdle cleared, Top End Energy is set to execute the remaining deeds to conclude the acquisition process.
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