STATUS OF UNDERWRITING AGREEMENT
Jutt Holdings Limited wishes to advise that it has received formal notification
from Argonaut Capital Limited that it has exercised its right to
Underwriting Agreement, and its obligations there under, in relation to the 1 for
3 Non-Renounceable Entitlement Issue.
triggered due to the S&P/ASX Small Resources Index falling more than 10% from
the date of this Agreement for a period of three (3) continuous business days.
Argonaut Capital Limited has advised that it is committed to the success of the
Company and that it will continue to work with Jutt’s Board to complete capital
raisings required by the Company.
TIM SUGDEN
Managing Director
I would imagine that is just about it for JUT.
Sorry fellow holders...sign of the times indeed.
Regards.
K-Man
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