As per Mandate Terms;
On 18 November 2019, NetLinkz engaged EverBlu pursuant to a mandate under which it was appointed as
NetLinkz’s exclusive corporate advisor and lead manager for future equity capital raisings (Capital Raisings).
Below is a summary of the key terms of the Mandate:
Mandate Terms
Term The Mandate is for an initial term of 12 months expiring on 18 November 2020 and it
extends for an additional 12 months unless NetLinkz or EverBlu advise at least 3
months prior to the expiry of the initial term that they do not wish to extend the
Mandate.
EverBlu may terminate the Mandate at any time by providing written notice to
NetLinkz. NetLinkz does not have a right to terminate the Mandate.
Services EverBlu will provide the following services to NetLinkz:
1. lead manage any Capital Raisings;
2. co-ordinating with other advisers involved in Capital Raisings to ensure the
various workstreams for the Capital Raisings were being conducted
efficiently, including liaising with the Company’s various external legal
counsel and existing financiers to ensure Capital Raisings were conducted in
compliance with the ASX Listing Rules and other applicable law;
3. provide advice on the structure and pricing of the Capital Raisings;
4. assist with the preparation of any offer documents associated with the
Capital Raisings;
5. provide marketing advice associated with the Capital Raisings; and
6. participating in the due diligence processes conducted for the Capital
Raisings
Not sure if EverBlu has done their due diligence either and I hope Netlinkz will terminate the Capital Raising Mandate with them by 18th August 2020!!
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