Netoil Capital to acquire 50% in Bluegreen Mozambique Mineracao

OSLO, NORWAY: Netoil Capital Ltd. has reached agreement with Bluegreen Holding SA. (BGH) for the acquisition of 50% of shares in Bluegreen Mozambique Mineracao e Servicos Lda (BMMS), against the issue 40 million NOC shares. The agreement and share issue is conditional on BMMS receiving final production permit. BGH’s assets consist of an interest in…