Silver Traditions Secures Territory for Another Indian-Targeting Casino Turn in Nepal

Silver Traditions Secures Territory for Another Indian-Targeting Casino Turn in Nepal

Australia-listed boutique casino operator Yellow metal Heritage Team Ltd. today announced that it provides completed the purchase of an area of acreage in Jhapa, East Nepal where them plans towards build a internet casino resort .

In a submitting to the the main Australian Sec Exchange, this company said that with paid the amount of NPR361. 3 or more million (approximately US$3. a couple of million) , including taxation and fees, for 74, 900 square feets of area. Silver Traditions went on they are required that the web site will be used for a location so it will be called Tiger Development Resort Jhapa.

The company lastly managed to safe the part of land after the previous defeated attempt. Magical Heritage first announced its plan to find the plot the government financial aid July 2016 in its INITIAL PUBLIC OFFERING Prospectus. The idea said that it seemed to be reached a commitment to purchase 117, 134 sq meters for land throughout Jhapa with the total amount of NRP445. in search of million (approximately US$4 million).

It also had become known that company received paid couple of deposits that will secure often the land, one out of March 2015 that totaled NRP105. 9 million (US$946, 000) plus the other that kicks off in august 2016, totaling NRP215. check out million (US$1. 9 million) . The fact that second first deposit was given following Magical Heritage’s INITIAL PUBLIC OFFERING. (suite…)