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News: AJQ Armour Energy Says Co & Shunkang Continuing To Negotiate Key Commercial Aspects Of...

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    20/10/23
    12:30
    Post #: 70447537

    Oct 20 (Reuters) - Armour Energy Ltd (AJQ) :

    • UPDATE ON PROPOSAL TO ACQUIRE ARMOUR ENERGY AND SECURED NOTE
    • CO & SHUNKANG HOLDING GROUP CONTINUING TO NEGOTIATE KEY COMMERCIAL ASPECTS OF A POTENTIAL TRANSACTION
    • IS SEEKING THAT SHUNKANG WILL PROVIDE ARMOUR WITH LOAN FUNDING
    • CO AND SHUNKANG HAVE PROGRESSED TO A DUE DILIGENCE PHASE TO ASSIST IN REACHING AGREEMENT
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