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News: PVW Thred Updates On Acquisition Of all of securities in PVW Resources

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    29/10/20
    20:35
    Post #: 48505379

    Oct 29 (Reuters) - Thred Ltd (THD) :

    • VARIATION OF TERMS OF PROPOSED ACQUISITION-THD.AX
    • NOW DETERMINED THAT IT WILL NOT SEEK A 2-CENT WAIVER
    • SUBJECT TO SHAREHOLDER APPROVAL, CO TO ISSUE SHARES UNDER PROPOSED PUBLIC OFFER AT $0.20 PER SHARE
    • CO AND PVW AGREED TO REQUIRED CHANGES TO CONSOLIDATION RATIO AND CAPITAL STRUCTURE
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