Monumental Energy Secures 25% Royalty in New Zealand Oil Wells After TSX Venture Exchange Approval

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Monumental Energy Corp (TSXV: MNRG) has received final approval from the TSX Venture Exchange for a non-arm’s length call option and royalty agreement. The deal grants Monumental a 25% royalty interest in the refurbishment and restart of two previously producing oil wells owned by New Zealand Energy, known as the Copper Moki wells.

The announcement was made through CEO.CA’s ‘Inside the Boardroom’ interview series, featuring Maximilian Sali, VP Corporate Development & Director of Monumental Energy, discussing the strategic implications of this agreement for the company’s expansion into oil and gas production.

Monumental Energy Corp (TSXV: MNRG) ha ricevuto l’approvazione finale dalla TSX Venture Exchange per un’opzione di acquisto e un accordo di royalty non in condizioni di mercato. L’accordo concede a Monumental un interesse di royalty del 25% nella…

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