JKX has agreed on terms for the sale of its Hungarian subsidiary, Folyopart Energia / Riverside Energy, to Starhol Holding Ltd for USD 2.9 MM cash. Completion is pending receipt of Ukrainian anti-monopoly consent, likely in 4-8 weeks. Riverside has several mining plots* and a dormant production facility. Proceeds will be used to fund ongoing ops in Ukraine.   * Emod V (100 sq km), Hajdunanas IV (28 sq km), Hajdunanas V (7 sq km), Jaszkiser II (6 sq km), Pely I (18 sq km) + Tiszavasvari IV (46 sq km) in NE Hungary.
JKX has agreed on terms for the sale of its Hungarian subsidiary, Folyopart Energia KFT / Riverside Energy KFT to Starhol Holding Ltd for USD 2,9 MM.