VXL valence industries limited
Add to My Watchlist 0.00% ! 11.5¢

News: VXL Valence Industries updates on rights issue

  1. Hot News
    193,698 Posts.
    lightbulb Created with Sketch. 2825
    clock Created with Sketch.
    04/03/16
    09:18
    Post #: 17184808

    March 4 (Reuters) - Valence Industries Ltd (VXL) :

    • "Taken steps to minimise cash outgoings by further reducing operating and head office costs"
    • Says "retained a limited number of key staff to continue planning for the necessary work"
    • Continued to actively investigate corporate transactions, possible offers for and both debt and equity capital raising options
    • Company's shares will remain suspended from trading until completion of the rights issue, scheduled for 29 April 2016
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS The Watchlist - Hear from ASX leaders!
right-arrow Created with Sketch.
NEWS Gold producers Alkane and Mandalay make merger official
right-arrow Created with Sketch.
NEWS DealRoom - Gain Access to exclusive capital raises and investment opportunities
right-arrow Created with Sketch.
AVM High grade zone continues to expand at Happy Valley with new intersection of 9.4m at 20.2g/t gold
right-arrow Created with Sketch.
NEWS Couples and cash: How to stay aligned with your finances
right-arrow Created with Sketch.
NEWS Power mulls Santa Anna option after cracking into wide zones of niobium, rare earths
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.