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0.8¢ triton minerals ltd

Ann: Sale of 70% of Mozambique graphite assets for A$17m cash, page-18

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gimmegimme

1,953 Posts.

643

02/07/24

12:11

Post #: 74564962
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Originally posted by Hawkeye81: ↑

Isnt it already at risk when this goes through? thats how i read it. see below from the ann.

If the current proposed Transaction structure exists at completion of the Transaction (expected at the end of February
2025), and no agreements for value accretive acquisitions have been entered into, such that Triton’s only remaining
asset is the 30% non-controlling interest in its Mozambique Graphite Assets, ASX has advised Triton that it would
have concerns with Triton’s level of operations pursuant to ASX Listing Rule 12.1 and Triton’s ongoing suitability as
a listed entity, such that Triton is highly likely to be suspended from quotation pursuant to Listing Rule 17.3. If the
Transaction completes, any future acquisitions or other transactions proposed by Triton may require Triton to re-
comply with Chapters 1 and 2 of the ASX Listing Rules

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Yes, you're right. I didn't see that

TON Price at posting: 1.2¢ Sentiment: None Disclosure: Held
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