The AGEI joint venture will hold the exclusive marketing rights for the sale of the AlphaKat technology in the U.
and China represent enormous potential for AGEI and we are aggressively pursuing a number of opportunities in those countries and others where we hold rights to AlphaKat technology that are non-exclusive.
Piedmont entered into an option and earn-in agreement with AGEI
on March 15, 1991 granting AGEI
an option until May 1, 1992 to earn a 62 1/2 percent interest in the Haile property.
NYSE: AU), pursuant to which AGEI
was granted an option until May 1, 1992 to earn a 62.
The exploration program with AGEI
at the Haile property is progressing well.