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50.5¢ argent biopharma limited

Time to buy now ?, page-4

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Cbyrne11

1,776 Posts.

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07/07/16

14:57

Post #: 18216872
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Originally posted by Fiscal 1 ↑

News can't be far off for PANAX aquisition. I know I keep banging on about it..
The due diligence requirements that need to be satisfied for the transaction to settle, are set out below:
a) completion of due diligence by MGC Pharma on Panax’s business and operations to the sole satisfaction of MGC Pharma
. A key component of MGC Pharma’s due diligence will be to confirm that Panax’s business has in place all necessary and required licences and regulatory approvals
;
b) the shareholders of Panax approving the Acquisition and waiving any and all pre-emptive rights they have to any Panax Shares to be issued or transferred to
MGC Pharma in accordance with this HOA;
c) the shareholders of MGC Pharma approving the issue of MGC Pharma Shares on the Stage 3 Settlement Date; and
d) ASX granting a waiver of the ASX Listing Rules to permit the issue of MGC Pharma Shares on the Stage 3 Settlement Date outside of the period of 3 months following the date that MGC Pharma shareholder approval is received
Announced 27 April .

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Tga approval for cosmetics must be soon as well. Plus additional deals for distribution in America, Canada Europe. Good pipline of info due

MXC Price at posting: 4.4¢ Sentiment: Buy Disclosure: Held
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