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ASIA

Elixir's Mongolian plan

ELIXIR Energy has executed a binding terms sheet to acquire Mongolia-based Golden Horde for 79 million Elixir shares to secure access to a 7 million acre CSG field close to hungry North China markets.

Helen Clark
Elixir's Mongolian plan

Golden Horde, founded in 2011 with the express purpose of acquiring Mongolian CSG rights, has negotiated the commercial terms of a Production Sharing Contract which, if awarded, will grant the company...

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