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1.7¢ austsino resources group limited

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17/07/20

12:52

Post #: 45935770
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Originally posted by really: ↑

From ANS anouncements

The Further Extension Letter has a number of conditions:
1. The Agreement is extended to 30 September 2020 subject to:
(a) by July 10 AustSino must lodge a draft Notice of Meeting to the Australian Securities Exchange for
review; and
(b) by July 17 AustSino needs to demonstrate to the reasonable satisfaction of Sundance that they have
progressed the funding (e.g. $29M) for completion of the transactions under the Sundance
Agreement.
2. AustSino will provide a further $450,000 in funding to Sundance (this will be repayable in cash or equity only
if the transaction completes). The first payment of $50,000 is payable on 17 July 2020 should :
(i) all Noteholders have consented to the further extension, and
(ii) AustSino have satisfied the conditions in (a) and (b) above.
The Company will keep shareholders fully informed of any material developments.
Authorised for release by Michael Keemink, Executive Director.

Really - GLTAH --

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Well lets see if management give us ANN also good news
Been a long time waiting,just hope its the rea deal l this time......
I guess time will tell

bring it on

ANS Price at posting: 1.7¢ Sentiment: Buy Disclosure: Held
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