Quadrise PLC (AIM:QED) has signed an addendum to the representation agreement with consultant Younes Maamar which provides high-level representation services in Morocco.
It now extends to 30 June 2025 and includes up to 15.6 million warrants, contingent upon achieving key milestones.
An initial tranche of 3.6 million warrants has been awarded and a second tranche of 12 million warrants will be awarded upon securing a refinery supply source and signing a Commercial MSAR fuel supply agreement with OCP by 31 December 2024.