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NTB Land Utilization Regulation-"The Perda"-Enacted Into Law |
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Oleh Administrator
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Senin, 05 Juli 2010 09:35 |
VANCOUVER, BRITISH COLUMBIA, Tambangnews.com.- Southern Arc Minerals Inc. ("Southern Arc" or the "Company") (TSX VENTURE:SA) is very pleased to report the enactment of a new provincial land utilization regulation (Perda No. 3/2010) for West Nusa Tenggara (NTB).
John Proust, President and CEO Southern Arc Minerals Inc says the Perda was approved in sequence by the National Spatial Planning Body (NSPB), the Minister of Public Works, the provincial legislature, the Minister of Home Affairs, and enacted into law by the provincial Governor. The Company is currently preparing a translation of the relevant sections of the Perda and reviewing the document with its professional advisors.
"Upon completion of this review, the Company will prepare a news release setting out the details of the revised Perda." Says John.
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