ANS 0.00% 1.7¢ austsino resources group limited

Ann: Placement to Raise $100 Million, page-43

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  1. 11,679 Posts.
    lightbulb Created with Sketch. 1075
    Looks quite clean that we will delist on the 7 dec by the last ANN
    So i guess we will still need to wait till 2021 to see what is on the AGENDA


    AustSino and Midwest are in the process of
    documenting relevant changes to the terms of the Midwest Placement Agreement to remove
    conditions requiring (i) AustSino to remain listed on ASX, and (ii) the Sundance Agreement to remain
    binding.
    After the Company receives confirmation from MidWest that it has completed its funding
    arrangements and is in a position to complete the Midwest Placement Agreement, it is the intent of
    the Company to re-commence discussions with Sundance as well as to pursue other opportunities.
    As the Sundance Agreement has been terminated the Company considers it unlikely the ASX will reinstate its shares to trading on ASX,such that it will be automatically delisted from ASX on 7 December
    2020.

    cheers all ...best of luck
 
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Currently unlisted public company.

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