Examples of Mvela Resources in a sentence
The purchase would include all of the diamond-related prospecting, exploration, mining, recovery and treatment operations conducted by Trans Hex, together with Mvela Exploration (Pty) Limited (held jointly by Trans Hex and Mvela Resources) (“Mvela”).
Mvela Resources is required to pay for its proportionate share of the costs of any exploration project it elects to participate in.
The purchase includes all of the diamond-related prospecting, exploration, mining, recovery and treatment operations conducted by Trans Hex, together with Mvela Exploration (Pty) Limited (held jointly by Trans Hex and Mvela Resources) (“Mvela”).
The Mvela entities’ and the GF entities’ costs of the negotiation, preparation, drafting and execution of this agreement and of the amendments in 3 (including, without limitation, the parties’ respective legal fees) shall be borne and paid by Mvela Resources and Gold Fields in equal shares.
On 13 February 2004, as part of the Gold Fields Transaction, Gold Fields, GFIMSA, Mvela Resources, Mvela Holdings, Mvela Gold, FirstRand Bank Limited ( “FNB”) and Micawber 325 (Proprietary) Limited (“Mezz SPV”) entered into a sponsor support, guarantee and retention agreement.
The provision of this 28 of this letter shall not limit or excuse compliance with any obligations of Afripalm Resources, Afripalm1, Afripalm2, Mvela Holdings or Mvela Resources under the Gold Fields Transaction documents.
Mvela Resources and/or its subsidiaries will sell all its/their indirect shareholding(s) in M278 to Northam.
Mvela Resources shall bear the costs and expenses incurred by Gold Fields and its affiliates in negotiating the content of this letter.
As these cash resources are currently held by Mvela Resources, all or some of the cash may be lent to subsidiaries of Mvela Resources who require cash to fund the Proposed Transaction.
Mvela Resources and/or its subsidiaries will advance shareholder loans to, and become the holder(s) of the entire issued capital of, Micawber 278 (Proprietary) Limited ( “M278”) (which owns APL’s indirect 50% beneficial interest in the Booysendal platinum project).