Deloro will also advance a second tranche of $3,500,000 which was to take place prior to February 28,
2018 for a further economic royalty interest of 10% (a total of 35%) from PQE Oil and TMC, commencing
and calculated from when the oil extraction plant achieves commercial production of at least 1,000 barrels
per day. This tranche had not been advanced as of February 28, 2018.
PQEFF issues financials for the quarter ending February 28, 2018:
https://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00026850
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