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News: SIV Silver Chef Updates On Conditional Proposals From Next Capital And Blue Stamp

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    12/09/19
    15:50
    Post #: 40399938

    Sept 12 (Reuters) - Silver Chef Ltd (SIV) :

    • UPDATES ON CONDITIONAL PROPOSALS FROM NEXT CAPITAL AND BLUE STAMP
    • BOARD CONSIDERS IT MUST EXPLORE BOTH PROPOSALS & CONTINUE NEGOTIATIONS WITH FINANCIERS, BSC & NEXT CAPITAL TO DETERMINE BEST OUTCOME
    • TOWARDS PROPOSAL, BSC DEPOSITED $45 MILLION IN CASH TO THEIR SOLICITORS' TRUST ACCOUNT, PROVIDED A COPY OF RECEIPT TO CO
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