https://www.asx.com.au/asxpdf/20200625/pdf/44jy8hwlp0mr7t.pdf
Update in Relation to Gascoyne Resources Limited
NRW Holdings Limited (ASX:NWH) (“NRW”or “the Company”. ) refers to today’s announcement by FTI Consulting as Voluntary Administrators to Gascoyne Resources Limited (ASX: GCY)and its related entities (“Gascoyne” ), regard to the recapitalisation plan outlined in the ASX announcement of 18 June 2020.
Gascoyne has now agreed with NRW that the amount of the upfront payment will be 8.75% of the gross proceeds of the equity raising to be conducted pursuant to the Deed of Company Arrangement (“DOCA” )proposal set out in the Voluntary Administrators’ report to creditors on 18 June 2020 (“GCY Proposal” ) , up to a maximum amount of $7 million.
Kim Hyman Company Secretary
Ann: Gascoyne Resources Update, page-2
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Last
$3.60 |
Change
0.050(1.41%) |
Mkt cap ! $1.645B | |||
| Open | High | Low | Value | Volume |
| $3.57 | $3.62 | $3.56 | $4.541M | 1.263M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 160 | $3.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.60 | 62356 | 6 |
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