NARIL
| Acronym | Definition |
|---|---|
| NARIL | North American Resources Inc Ltd (subsidiary of South American Minerals, Inc) |
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References in periodicals archive
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In March of this year, the company announced that it had entered into an definitive agreement to acquire NARIL.
Pending completion of the acquisition, the company has been managing NARIL's operations, including supervising the process of refurbishing both cutterhead dredges to increase efficiency and production.
Inc owns two of the dredges and two are owned by a Joint Venture in which NARIL holds a 65 percent interest.
According to the company, the acquisition of NARIL will not be effective until it completes audited financial statements for a two year period.
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