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AERI |
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Full Metal paid to AERI the sum of US$10,000 (1st signature
payment) upon execution, and will pay the sum of US$10,000 (2nd
signature payment) upon either the signing of Full Metal's
Exploration Agreement and Surface Access Agreement with the Aleut
Corporation and the Shumagin Corporation respectively, or March 31,
2005, whichever occurs first. AERI provides strategic direction to position Alberta for the
future in energy development, and invests in research and technology to
enhance the sustainable development of the province's abundant
energy resources. AERI recently broke ground on the first of five plants, which will
process coal fines left behind by previous mining operations and sell
them as an alternative fuel to utility companies. |
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