Completion of the Agreement is subject to the following conditions precedent, namely:
(a) approval by the Company's shareholders, including pursuant to ASX Listing Rule 11.1.3;
(b) entry by the Company into formal sale documents with the Vendors;
(c) mutual satisfactory due diligence;
(d) the Company raising sufficient capital to fund the transaction; and
(e) re-compliance by the Company with Chapters 1 and 2 of the ASX Listing Rules, including the Company successfully conducting a capital raising at least $4,500,000.
Due diligence must be completed by 19 October 2018, and the other conditions must be satisfied by 30 November 2018.
LWP Price at posting:
7.0¢ Sentiment: Sell Disclosure: Not Held
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