AB1 0.00% 18.0¢ abarta resources limited

Ann: Update on Voluntary Suspension, page-74

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    Sun Hung Kai and Lympo make strategic investments in Animoca Brands
    Highlights:
    ● Animoca Brands receives strategic investments totalling A$1.5 million from Sun Hung Kai and Lympo
    ● The placement was conducted at A$0.07 per share, which represents a 10% premium to the 30-day volume-weighted average price (VWAP)
    ● Sun Hung Kai, one of Asia’s leading investment groups, invests A$1 million ● Leading blockchain fitness company and strategic partner Lympo invests A$0.5 million, further consolidating its partnership with the Company
    ● Lympo will act as lead investor in an upcoming funding round for Animoca Brands’ health and fitness subsidiary OliveX (HK) Limited
    ● Animoca Brands and Sun Hung Kai to develop opportunities in blockchain and artificial intelligence
    ● Animoca Brands to leverage Sun Hung Kai’s expertise in corporate development
 
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