Salmon Evolution Updates On JV In Korea

About this update from Salmon Evolution Asa

Salmon Evolution ASA OSL:SALME:PROVIDES UPDATE ON PARTNERSHIP WITH DONGWON INDUSTRIES IN KOREAAGREED TO REPLACE EXISTING JOINT VENTURE AGREEMENT WITH TECHNICAL ADVISORY AGREEMENTWILL PROVIDE TECHNICAL ADVISORY SERVICES ON MARKET TERMSNO FURTHER INVESTMENT COMMITMENTS UNDER NEW AGREEMENTREMAINS MINORITY SHAREHOLDER AND KEY CONTRIBUTOR IN PROJECT, ALTHOUGH ITS CURRENT 49% OWNERSHIP IS EXPECTED TO BE DILUTED OVER TIMERETAINS FIVE-YEAR PURCHASE OPTION FOR UP TO 33% OWNERSHIP IN PROJECT AT MARKET TERMS Source text for Workspace: Further company coverage:

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