Montem Resources Limited (ASX:MR1 – Get Rating) insider Robert (Rob) Tindall sold 7,596,604 shares of the stock in a transaction on Wednesday, April 6th. The stock was sold at an average price of A$0.03 ($0.02), for a total transaction of A$243,091.33 ($182,775.43). The company has a current ratio of 5.70, a quick ratio of 5.70 […]
Montem Resources continues development plans for Category-4 projects not affected by Alberta Government coal decision
Alberta Government has halted all exploration activities on Category-2 lands until completion of the public consultation on a new coal development policy for the province. The independent committee undertaking the public consultation will report to Alberta Government by November 15.
Montem Resources Ltd (ASX:MR1) is continuing its development plans for two coal projects in Alberta that remain unaffected by a recent provincial government decision to halt all exploration activities on Alberta 1976 Coal Development Policy Category-2 lands.
This government decision will be in force while it completes a public consultation process for development of a new Coal Policy.