(Source: Obtala Resources Ltd) RNS Number : 8532G Obtala Resources Limited 25 November 2015 25 November 2015 Obtala Resources Limited ('Obtala', the 'Group' or the 'Company') (AIM: OBT) Agriculture Update Obtala Resources Limited (AIM:OBT), the vertically integrated agribusiness, timber and retail company, announces today that it has signed Heads of Terms, with a private, non-related Tanzanian entity ('Partner') to form a joint venture to develop a commercial farming operation over an additional 1,265 hectares in Tanzania. A formal shareholders agreement, land lease agreement and the incorporation of a new Tanzanian registered joint venture company will be concluded shortly. Highlights: ·...
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