South West Pinnacle Exploration has informed that the company (SWPE) has got a Letter of Intent (LOI) from Hindalco Industries for Exploration and other related services to be imparted in a Copper block in the state of Maharashtra. The aggregate value of contract including GST is ~ Rs.6.70 Crores. The details required in accordance to SEBI Circular no. CIR/CFD/CMD/4/2015 dated September 09, 2015 is attached as Annexure-I.
The above information is a part of company’s filings submitted to BSE.