Ressources Minières Pro-Or Inc. announced that it has signed a new agreement to respond to Fer-Min-Ore (PTY) Ltd. business needs to use the Pro-Or technologies. The goal and objective of the original agreement with Fer-Min-Ore (PTY) Ltd. is fulfilled. This new agreement, a natural progression, gives its companies instruments to facilitate the establishment of JV to use the technology.

The agreement gives the parties the capability to patent future process improvements under joint names (Pro-Or and FMO). Each society will be able to use these improvements in their field of application where authorized. Pro-Or will continue to be involved in discussions related on terms of sub-licence transactions between FMO and third parties with major interest.

Pro-Or and FMO will continue to develop, for their current business, technological improvements to maximize the PGM recovery and to reduce processing operation costs. Pro-Or will include these improvements in processing facilities, as they will become available. This new synergy will give an additional advantage over the current recovery techniques used by the industry and will benefit to the bottom line.