How will AVZ continue to fund the business?
How can you believe AVZ it changes from ANN to ANN..!!
AVZ has reduced its overheads to conserve cash, has zero debt and is actively seeking equity and debt
funding solutions which includes but is not limited to a litigation funding facility.
As previously announced, AVZ is in advanced discussions with Locke Capital I, LLC and its investment
manager, Locke Capital Limited (Locke) to secure a general working capital and litigation funding facility
of up to US$20,000,000.3 The Company is pleased to report Locke has now completed its due diligence
and is working with AVZ to agree the terms of a formal agreement.
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