HAV havilah resources limited
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News: HAV Havilah Resources Says Resolution For Approval Of Proposed Investment Has Not Been Passed

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    12/09/19
    16:00
    Post #: 40400172

    Sept 12 (Reuters) - Havilah Resources Ltd (HAV) :

    • RESOLUTION FOR APPROVAL OF PROPOSED INVESTMENT IN HAVILAH OF UP TO $100 MILLION BY ONESTEEL MANUFACTURING HAS NOT BEEN PASSED
    • DISCLOSES RESULTS OF EXTRAORDINARY GENERAL MEETING
    • $5 MILLION PRO-RATA RIGHTS ISSUE WILL NO LONGER BE PROCEEDING
    • DESPITE PROPOSED TRANSACTION HAVING BEEN IN MARKET FOR OVER 4 MONTHS, NO ALTERNATIVE OFFER OR PROPOSAL HAVE BEEN RECEIVED BY CO
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