Brief: Armour Energy Says Co & Shunkang Continuing To Negotiate Key Commercial Aspects Of Potential Deal
20/10/2023 02:27
Oct 20 (Reuters) - Armour Energy Ltd AJQ.AX :
* UPDATE ON PROPOSAL TO ACQUIRE ARMOUR ENERGY AND SECURED
NOTE
* CO & SHUNKANG HOLDING GROUP CONTINUING TO NEGOTIATE KEY
COMMERCIAL ASPECTS OF A POTENTIAL TRANSACTION
* IS SEEKING THAT SHUNKANG WILL PROVIDE ARMOUR WITH LOAN
FUNDING
* CO AND SHUNKANG HAVE PROGRESSED TO A DUE DILIGENCE PHASE
TO
ASSIST IN REACHING AGREEMENT
Source text for Eikon: ID:nASX8vqmXN
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