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1.7¢ austsino resources group limited

Ann: Placement to Raise $100 Million, page-44

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gothamcity

59 Posts.

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19/11/20

11:21

Post #: 48984837
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Originally posted by tolate: ↑

Looks quite clean that we will delist on the 7 dec by the last ANN
So i guess we will still need to wait till 2021 to see what is on the AGENDA

AustSino and Midwest are in the process of
documenting relevant changes to the terms of the Midwest Placement Agreement to remove
conditions requiring (i) AustSino to remain listed on ASX, and (ii) the Sundance Agreement to remain
binding.
After the Company receives confirmation from MidWest that it has completed its funding
arrangements and is in a position to complete the Midwest Placement Agreement, it is the intent of
the Company to re-commence discussions with Sundance as well as to pursue other opportunities.
As the Sundance Agreement has been terminated the Company considers it unlikely the ASX will reinstate its shares to trading on ASX,such that it will be automatically delisted from ASX on 7 December
2020.

cheers all ...best of luck

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Tolate, assuming ANS does in fact delist however the transaction with Midwest is then completed successfully - what is the process for re-listing on the ASX? Should this be fairly straight forward?

Cheers

ANS Price at posting: 1.7¢ Sentiment: Hold Disclosure: Held
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