Doesnt the announcement of the purchase actually say that the whole deal is subject to a 14 day due dillegence as of the date of notice?
- Pursuant to a conditional agreement, AEX proposes to acquire Imperial Granite & Minerals Pty Ltd’s (the Vendor) 25% legal and beneficial interest in the Mineral Lease applications in respect of areas RO1292 and RO1103 and mineral claim applications over the area formerly known as RO1292 designated Ghan1 to Ghan7 inclusive (“the Tenements”).
What would worry me is if AEX continue to bear the legal costs of any appeals
- all legal and associated costs to the date of the signing of this agreement are to be borne by the Vendor, with all legal and associated costs in the future to be agreed to and be the liability of and paid for by the AEX;
AEX Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held