April 30, 2020 / 11:31 AM / 25 days ago

BRIEF-BMG Resources Says Chilean JV Is Under Review

April 30 (Reuters) - BMG Resources Ltd:

* DIRECTORS & MANAGEMENT SIGNIFICANTLY REDUCED CASH FEES

* HAD POSITIVE DISCUSSIONS WITH CHILEAN JV PARTNER TO EXTEND FIRST 20% EARN-IN MILESTONE BEYOND 20 MAY

* MOVED TO MINIMISE ALL EXPENDITURE TO CHILEAN JV AMID COVID-19

* CHILEAN JOINT VENTURE IS UNDER REVIEW Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)

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