MYL 0.00% 70.0¢ mallee resources limited

Ann: MYL to Sell Bright Mountain Resources, page-11

  1. 27,565 Posts.
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    It must be getting close now before we are able to view a prospectus

    being in suspension for so long they now don’t have exemption from certain legal requirements in regard to raising funds without a prospectus (disclosure), as such they have to issue one of these compliance prospectuses with a nominal placement amount otherwise all shares acquired in the recently announced potential placement wouldn’t be able to be traded for a period of one year.

    Can anyone verify if this applies here ?
 
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