AFR mention & bell potter is involved

http://www.copyright link/street-talk/bell-potter-to-thread-backdoor-tech-listing-20150412-1mio7u

ASX-listed miner Promesa is expected to exit a trading halt on Monday and announce an offer to shareholders for a reverse takeover from Hong-Kong based start-up Thredit.

The reverse takeover, should it be approved by shareholders, will see Promesa's name change to Thredit and it's understood the company's mining assets will be shifted into a separate company.

Sources close to the deal said the company was aiming to raise about $10 million as part of an initial public offering.

Bell Potter is understood to be advising on the deal.


Promesa shares entered a trading halt last Wednesday and were trading at 0.006¢.

Thredit is run by Australian businessman David Whittaker who has a background in IT and recruitment and has been incubating technology start-ups in Hong Kong.