Common Contracts

1 similar Terms of Contract contracts

BLACKGOLD NATURAL RESOURCES LIMITED
Terms of Contract • September 7th, 2017

The board of directors (the “Board” or “Directors”) of BlackGold Natural Resources Limited (the “Company”, and together with its subsidiaries, collectively, the “Group”) refers to its announcement dated 1 December 2016 (the “Announcement”). As disclosed in the Announcement, the Group, through its subsidiary PT Samantaka Batubara (“PT SB”), signed a sales and purchase contract (the “Coal Sales Contract”) with the Indonesian state-owned electricity company, PT Perusahaan Listrik Negara (“PLN”), for the supply of coal to the PT Tenayan project. The Group is pleased to announce that it has, on 6 September 2017, signed an addendum to the Coal Sales Contract (the “Amendment”) pursuant to which a higher coal sales price has been agreed.

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