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Estrella inks MOU with Chinese investment company for Australian mineral assets

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Estrella inks MOU with Chinese investment company for Australian mineral assets

Estrella Resources Ltd. said Jan. 25 that it entered a memorandum of understanding with Tianjin Datong Xintian Investment Co. Ltd. for a strategic partnership regarding mineral asset portfolios in Australia.

Under the nonbinding agreement, the two parties have agreed to establish the preliminary framework of cooperation on how to identify prospective business partners to raise capital as well as acquire, explore and develop Australian mineral assets.