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News: IVO Invigor Group Says ASX Expressed Concerns Regarding Co's Financial Condition

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    11/11/19
    16:20
    Post #: 41360776

    Nov 11 (Reuters) - Invigor Group Ltd (IVO) :

    • MET WITH ASX AND ASX EXPRESSED PREVAILING CONCERNS REGARDING FINANCIAL CONDITION OF CO
    • ASX EXPRESSED CONCERNS IN PARTICULAR OF COMPARATIVELY LARGE DEBT ON CO'S BALANCE SHEET
    • BOARD INTENDS TO SEEK SHAREHOLDER APPROVAL TO CONVERT OVER $6 MILLION OF FINANCIAL DEBT INTO SHARES & TO ISSUE UP TO $2 MILLION OF SHARES IN CO
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