AUQ 0.00% 3.3¢ alara resources limited

Ann: Investment Agreement Update, page-2

  1. 2,125 Posts.
    lightbulb Created with Sketch. 132
    From the announcement

    PERTH: Alara Resources Limited (ASX: AUQ) (Alara or Company) advises that, further to its ASX announcement regarding the Investment Agreement dated 15 March 2019, counterparty SAMA Global has expressed interest in taking an equity stake in Al Hadeetha Resources LLC.
    Terms of the new deal are still being discussed, but are expected to include replacing the 1.5% p.a. fee with a fee of 3 - 5% p.a. (based on the EUR 60m, repayable, non-convertible Investment Amount) plus, as a separate but linked transaction, the sale of between a 5 to 15% interest in the Al Hadeetha Copper Project, for an amount to be agreed. Other terms are expected to remain the same as previously announced.
    Alara will update the market with further developments as they occur.
 
watchlist Created with Sketch. Add AUQ (ASX) to my watchlist
(20min delay)
Last
3.3¢
Change
0.000(0.00%)
Mkt cap ! $23.69M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 386 3.4¢
 

Sellers (Offers)

Price($) Vol. No.
3.5¢ 74051 1
View Market Depth
Last trade - 16.12pm 11/09/2024 (20 minute delay) ?
AUQ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.