Posts Tagged ‘Iloilo’
TVI Pacific Inc. and Mindoro Resources Ltd. announced the signing of an agreement on TVI’s strategic private placement in Mindoro as well as the possibility of a joint venture over the Agata nickel project in Surigao del Norte and Pan de Azucar project in Iloilo. Both Canadian mining groups are focused on gold, copper and nickel production and exploration in the Philippines.
TVI said under the agreement, it would infuse C$3.15 million in Mindoro Resources Ltd. and would have the exclusive right or option to enter into joint venture arrangements with Mindoro with respect to Agata and Pan de Azucar projects. TVI said under the agreement, it would advance a bridge loan of C$968,969 pursuant to a limited security promissory note.
Read more at Manila Standard Today
Photo by getolympus at Flickr.com
Construction of a mixed-use commercial center in Iloilo City’s new “growth area” began last month, in what is expected to become a business hub.
Florete Land, Inc., the property development company of the Florete Group of Companies owned by Ilonggo media mogul Rogelio M. Florete, Jr., held groundbreaking ceremonies for Plazuela de Iloilo last November. Mr. Florete heads Bombo Radyo Philippines.
Read more at Business World Online
The Taklong Island Marine Reserve (TINMAR) in Nueva Valencia, Guimaras is one of the marine protected sites in the Philippines that was established to secure marine biodiversity in this part of the country.