Panax to heat up in Indonesia

PANAX Geothermal's Indonesian portfolio has been given a vote of confidence after the company secured significant funding from Vancouver-based Molten Power Corporation.

Panax to heat up in Indonesia 
Panax to heat up in Indonesia 
Panax to heat up in Indonesia 
Panax to heat up in Indonesia 
Panax to heat up in Indonesia

The companies signed a heads of agreement under which the privately-held Vancouver based geothermal company will contribute the first $10 million in exploration and development funding for Panax's

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