Karachi June 04 2021: Shareholders of National Resources (Private) Limited are about to invest another PKR450 milion for conducting feasibility study.
NRL is engaged intends to undertake mining businesses in the province of Balochistan. The new injection will be diverted for feasibility studies and meeting working capital requirements. The scope of NRL will involve exploration, survey, extraction, excavation, mining and sale of copper and gold in the province of Balochistan.
NRL is in prefeasibility stage, therefore it is impractical to ascertain its fair value at this stage.
The shareholders of NRL are MARI Petroleum Limited, , M/s Y.B. Pakistan Limited, M/s Reliance Commodities (Private) Limited, M/s Liberty Mills Limited, each having 20 percent shareholding in NRL.
