Item 8.01 Other Events.
On August 11th, 2020, the Company's subsidiary Paradise Garden Development (PNG)
Ltd received approval from the Department of Forestry Papua New Guinea, on an
application for the Timber Authority (TA) on 50,000 hectares in Senunu Forest
area, which is in Gaire 46.6 kilometres southeast of Port Moresby. The Timber
Authority approval for Lowland Forest area allows the Company to commercialize
up to 5,000 cubic meters of timber within 12 months and is valid for an initial
term of two years.
© Edgar Online, source Glimpses