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AXZ - Amex Resources News Story

A$0.48 0.0  0.0%

Last Trade - 11/05/17

Basic Materials
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £20.4k
Position in Universe th / 1832

BRIEF-Amex Resources updates on FIDIC contract

Tue 18th April, 2017 9:48am
April 18 (Reuters) - Amex Resources Ltd  AXZ.AX  
    * FIDIC contract update 
    * Amex and CCCC First Harbor Consultants agreed to amend 
final milestone payment arrangements 
    * Amendment such that US$7.5 million will now become payable 
upon Amex providing contractor with a 'taking over certificate' 
    * As a consequence of revised final milestone payment 
arrangements, contractor has agreed to cancellation of 
conditional call option 
Source text for Eikon:  ID:nASX20dfMJ  
Further company coverage:  AXZ.AX  
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