AZZ antares energy limited

Sheesh, you're right, there's a lot in here!!! e.g. On or around...

  1. 1,893 Posts.
    lightbulb Created with Sketch. 422
    Sheesh, you're right, there's a lot in here!!!

    e.g.
    On or around 4 December 2015, the Company and Wade executed amendments to the Sale Agreements to:
    42.1 extend the completion date for the sale of the Assets to on or before 15 January 2016;
    42.2 provide the Company with the option to terminate the Sale Agreements at any time prior to 15 January 2016; and
    42.3 provide that there were no conditions precedent to completion, other than shareholder approval of the sale of the Assets.
    43. On 4 December 2015, the Company provided ASX with an announcement for release to the market which advised the market of the amendments to the Sale Agreement described in paragraph 42 (Non-Released December Announcement) and the following information:
    43.1 there remained risks and uncertainties relating to completion of the sale of the Assets, some of which were beyond the Company's control, including risks associated with Wade defaulting on its obligations under the amended Sale Agreements and credit risks associated with Wade and its private equity financiers;
    43.2 while the Company continued to engage with Wade, the Company had been provided with limited information relating to the finances of Wade and its private equity financiers; and
    43.3 there was no assurance or guarantee that completion under the Sale Agreements would occur.
    44. On 4 December 2015 ASX refused to release the Non-Released December Announcement on the ASX announcements platform
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.