Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Having updated in December of its seeking of partners to increase production capacity and expand marketing for its timber concessions, Obtala Resources (OBT) has announced an agreement with Kishugu International Holdings Ltd, which includes a Heads of Terms to form a joint venture for an impending timber-related project in Brazil.
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