TAW 0.00% 31.0¢ tawana resources nl

Ann: Trading Halt, page-28

  1. 1,860 Posts.
    lightbulb Created with Sketch. 640
    Thanks @luanboo .

    I can confirm that this funding package is linked to the ASX listing requirement. Once secured, the funding will meet the ASX requirements of alleviating "the Merged Group's ability to continue as a going concern" (Emphasis of Matter requirement). So it just won't happen within the merger timeline, hence the ASX listing condition was waived and will be pursued after merger. It'll be good if this can be clarified in the funding package announcement.

    From Merger Update:
    EMR.PNG

    From Scheme Booklet:
    DebtFac.PNG
 
watchlist Created with Sketch. Add TAW (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.