CuDeco Limited (ASX Code: CDU,
CuDeco) advises that, on 12 February 2015, the Australian Securities and Investment Commission (“ASIC”) has issued an interim stop order in respect of the Prospectus dated 5 February 2016 (“Prospectus”). ASIC has raised some concerns in relation to certain disclosures -in the Prospectus.
CuDeco is working with ASIC to address these issues with a view of resolving them as soon as possible and will keep the market informed accordingly. While the interim order remains in place, the Company will make no offers, issues, sales or transfers of shares under the Prospectus.
Wow !! what a shock - not
Pretty sure they need to demonstrate in the prospectus taht they have a viable commercial mine - Where the DFS number
