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Northern Minerals & Exploration Ltd.: NMEX Clarifies Ownership in West Lenapah Gas Project


Northern Minerals & Exploration Ltd.: NMEX Clarifies Ownership in West Lenapah Gas Project
SALT LAKE CITY, UT / ACCESSWIRE / April 23, 2021 / Northern Minerals & Exploration Ltd. (OTC PINK:NMEX) entered into an agreement to increase its ownership percentage of Calihoma Partners LLC. on April 13, 2021. Calihoma Partners LLC owns 60% of the West Lenapah Gas Project.
NMEX has the right to acquire/increase its ownership up to an additional 27% with capital contributions. That is the before payout percentage that would be the basis for any distributions to Calihoma members. The after payout percentage would be a little over 56%. With the remaining funding coming from another source, then NMEX after payout percentage would be no less than 38%. ....

United States , Kostenloser Wertpapierhandel , Noel Schaefer , Northern Minerals Exploration Ltd , Calihoma Partners , Northern Minerals Exploration , Northern Minerals , West Lenapah Gas , West Lenapah Natural Gas Project , Nowata County , Northeastern Oklahoma , Lenapah Natural Gas Project , West Lenapah Gas Project , Natural Gas Reserves , Net Cash Flow , West Lenapah , Looking Statements , ஒன்றுபட்டது மாநிலங்களில் , நோயல் ஸ்கேஃபர் , வடக்கு தாதுக்கள் ஆய்வு லிமிடெட் , வடக்கு தாதுக்கள் ஆய்வு , வடக்கு தாதுக்கள் , மேற்கு லெனாப்பா வாயு , மேற்கு லெனாப்பா இயற்கை வாயு ப்ராஜெக்ட் , நோவாதா கவுண்டி , வடகிழக்கு ஓக்லஹோமா ,