Province Resources (ASX:PRL) has announced it will proceed with the HyEnergy® Project without Total Eren Australia due to an expired binding term sheet and lack of agreement on the project prior to its expiration.
Province Resources says it's fully funded to undertake the necessary feasibility studies and has the support of the Western Australian Government and local stakeholders.
It also says a Q&A session with Province Managing Director and CEO David Frances is available today for investors.
The company's share price is up 2.63% the past five days.