NOR 7.55% 4.9¢ norwood systems limited

Ann: Notice of General Meeting/Proxy Form, page-3

  1. 535 Posts.
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    Anyone wondering what sort of timing we can expect before potential deal....

    "It is noted that the issue of the 40,000,000 NOROA Options to Mr Paul Ostergaard
    under Resolution 11 is subject to the Company executing an agreement with a
    third-party customer which has a contract value of in excess of $1,500,000, and
    the Company receiving a minimum of $1,000,000 in cash
    receipts under that
    contract on or before 31 August 2019 (Ostergaard Condition).

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