Escrow Deed

Deeds of PPCA and Escrow signed

The Prime Minister delayed his scheduled visit to Oro Province this morning to observe this important signing. 
 
These are the Deed of Amendment to the Porgera Project Commencement Agreement (PPCA), and the Deed of Escrow to park 10% of the project equity.
 
The PPCA was deemed concluded when Mineral Resources Enga signed on 3 February 2022. The PPCA is the central and structural document designed to elaborate and deal more specifically with what was set out in the Framework Agreement.