ANS austsino resources group limited
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News: ANS Austsino Resources Group Says WAPRC Confirms Conditions In Agreement Will Not Be...

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    03/06/20
    09:45
    Post #: 45000522

    June 3 (Reuters) - Austsino Resources Group Ltd (ANS) :

    • ENTERED PLACEMENT AGREEMENT WITH WESTERN AUSTRALIAN PORT RAIL CONSTRUCTION (SHANGHAI)
    • WAPRC WILL SUBSCRIBE FOR ABOUT 7.69 BILLION FULLY PAID ORDINARY SHARES AT $0.013 PER SHARE
    • EFFORTS TO PROGRESS WAPRC TRANSACTION & COMPLETE ACQUISITION OF STAKE IN SUNDANCE RESOURCES IMPEDED BY OF COVID-19
    • WAPRC CONFIRMED CONDITIONS PRECEDENT IN WAPRC AGREEMENT WITH AUSTSINO WILL NOT BE SATISFIED BEFORE 30 JUNE
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