Caravelle Lays the Groundwork for Innovative Business in Mixed Transportation and Drying Wood by Signing a MoU with the Government of Gabon [Yahoo! Finance]
Caravelle International Group (CACO)
Company Research
Source: Yahoo! Finance
announced that it has signed a Memorandum of Understanding ( MoU ) with the Ministry of Water and Forestry of Gabon on the development of a critical timber processing and marketing technology for the transportation, processing and sale of timber. This initiative is another important step in preparation for the drying of timber on the same carrier as the transportation of manganese ore. Under the Memorandum of Understanding, Caravelle will acquire the rights to recover merchantable timber from the Libreville 2 construction site in Gabon , an area of 48,160 hectares. The area contains a variety of commercially valuable species including Mahogany, Ovengo, Antonia, Kwa, Birringa, Wenge and Giambi, which are highly sought after by the market due to their unique characteristics and wide range of applications. Under the agreement, Caravelle will be responsible for developing, transporting, processing, and marketing the commercially viable timber in the selected area and ensuring that all a
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CACO
News
- Caravelle Lays the Groundwork for Innovative Business in Mixed Transportation and Drying Wood by Signing a MoU with the Government of GabonPR Newswire
- CUEX Metal AG and Caravelle International Group Sign Innovative Manganese Ore Purchase Agreement to Advance Wood Drying Business [Yahoo! Finance]Yahoo! Finance
- CUEX Metal AG and Caravelle International Group Sign Innovative Manganese Ore Purchase Agreement to Advance Wood Drying BusinessPR Newswire
- Caravelle International Group Announces Receipt of Nasdaq Deficiency NoticePR Newswire
- Caravelle International Group Announces Major Milestone in Innovation: The Launch of Wood Drying Ship [Yahoo! Finance]Yahoo! Finance
CACO
Sec Filings
- 5/6/24 - Form 6-K
- 2/29/24 - Form NT
- 2/29/24 - Form 6-K
- CACO's page on the SEC website