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BRIEF-Enerji updates on potential licensing agreement

Published 01/12/2015, 03:32 pm
Updated 01/12/2015, 03:40 pm
© Reuters.  BRIEF-Enerji updates on potential licensing agreement
VPR
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Dec 1 (Reuters) - Enerji Ltd ERJ.AX :

* Due diligence on requisite data for successful deployment of Aten Technology has commenced

* Progressing discussions in relation to first potential licensing agreement;expects to enter MOU by mid-December 2015

* Says target licensing partners include Australian and international companies with current operations in Asia and Africa

* Says commercial terms of the new distribution agreement are currently being finalised between the parties

* Funds raised will be used to assist co in meeting its financial commitments to position it to roll out its strategy for the future

* Source text for Eikon ID:nASX710w7Z

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