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Sept 28 (Reuters) - Target Energy Ltd (TEX) : ANNOUNCES...

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    28/09/18
    18:50
    Post #: 35919203

    Sept 28 (Reuters) - Target Energy Ltd (TEX) :

    • ANNOUNCES AGREEMENT TO DIVEST FAIRWAY PROJECT
    • TARGET AGREED TO SELL 100% OF ITS INTERESTS IN FAIRWAY PROJECT TO FAIRWAY ENERGY LTD
    • CURRENT LITIGATION ASSET IN RELATION TO FAIRWAY PROJECT TO REMAIN WITH TARGET
    • COMPANY PLANS TO UNDERTAKE A 40:1 CONSOLIDATION
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