...true...94% done ...."The directors of Odin Energy Ltd (“Odin” or “Company”) are pleased to announce that they have executed Securities Sale Agreements (“SSA”) to acquire gridComm Pte Ltd (“gridComm”), via Austasia Industrial Pty Ltd (“Austasia”), a special purpose vehicle incorporated in Australia. Presently 94% of gridComm’s shareholders have executed the agreements and the Board of Odin has voted to proceed to completion on this basis. The board will continue to discuss the matter with the remaining shareholder of gridComm...
ODN Price at posting:
1.9¢ Sentiment: None Disclosure: Held