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Timberline Resources Signs Letter of Intent to Sell Its Contract Drilling Subsidiary

Timberline Resources Corporation (NYSE: TLR) announced today that it has signed a non-binding Letter of Intent to sell its wholly-owned contract drilling subsidiary, Timberline Drilling, to a private company formed by a group of investors, including certain members of the current senior management team of TDI.

Posted-In: News Contracts

 

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