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Oct 27 (Reuters) - Sensen Networks Ltd (SNS) : SETTLEMENT OF...

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    27/10/23
    12:35
    Post #: 70575352

    Oct 27 (Reuters) - Sensen Networks Ltd (SNS) :

    • SETTLEMENT OF PROCEEDINGS WITH ANGEL
    • UNDER SETTLEMENT AGREEMENT, CO WILL TRANSFER CERTAIN CUSTOMER CONTRACTS IN CASINO MARKET TO ANGEL
    • SENSEN AND ANGEL HAVE ENTERED INTO A PLACEMENT AGREEMENT
    • ANGEL SUBSCRIBED FOR 45 MILLION ORDINARY SHARES IN CO AT A$0.04 PER SHARE
    • UNDER SETTLEMENT AGREEMENT CO TO TRANSFER CERTAIN IP RIGHTS RELATING TO GAMING INDUSTRY, TO ANGEL
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