Valkor update

Summary by AI BETAClose X

Quadrise reports Valkor expects to pay US$300,000 of the outstanding US$950,000 site licence fee (due 31 October 2026) in early November 2026, with the remaining US$650,000 to be paid upon completion of Valkor's fundraising in Q4 2026; preparations for deployment of a 600 barrels per day Multifuel Manufacturing Unit (MMU) and associated equipment in Utah continue, and shipment and mobilisation are planned following receipt of the outstanding licence fee balance.

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