MARKET UPDATE AND SUSPENSION EXTENSION
On 19 May 2009 Universal Resources Limited (“Universal”) requested a voluntary suspension while negotiations progressed relating to a capital raising.
Progress to date includes, but is not limited to, the negotiation and finalisation of a Terms Sheet for that Capital Raising with various parties.
Universal anticipates the request for lifting of the suspension of trading will occur with the announcement on the raising.
Ends.
new announcement
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