Nov 10 (Reuters) - Damstra Holdings Ltd (DTC) : UPDATE ON...

Nov 10 (Reuters) - Damstra Holdings Ltd (DTC) :

• UPDATE ON POTENTIAL CONTROL TRANSACTIONS
• MITRATECH HAS ADVISED DAMSTRA THAT IT HAS WITHDRAWN MITRATECH PROPOSAL
• FOLLOWING WITHDRAWAL OF MITRATECH PROPOSAL, DAMSTRA HAS RE-ENGAGED WITH ANOTHER INTERESTED PARTY, IDEAGEN LIMITED
• COMPANY INTENDS TO ENGAGE WITH IDEAGEN ON IDEAGEN PROPOSAL
• DISCUSSIONS BETWEEN DAMSTRA AND IDEAGEN REMAIN ONGOING
• IDEAGEN PROPOSAL IS NON-BINDING AND HIGHLY CONDITIONAL
• NO CERTAINTY THAT ANY BINDING TRANSACTION WILL PROCEED OR EVENTUATE AS A RESULT OF IDEAGEN PROPOSAL