As previously announced, Nordic Petroleum AS’ fully owned subsidiary Nordic America’s Inc. has signed a ‘Sales and Purchase Agreement’ with Athabasca Resources Ltd. for the Chard licenses subject to the approval Companies’ Boards of Directors. These subjects are now lifted. The approval from the local Canadian authorities remains to be obtained, but is considered to be a formality.
Inquiries may be directed to:
Per Gunnar Løge (+47 91130847)