Brief: Bioxyne Joins Asian Partner & Sells 49% Of Direct Selling Business
Oct 24 (Reuters) - Bioxyne Ltd BXN.AX :
* JOINS ASIAN PARTNER & SELLS 49% OF DIRECT SELLING BUSINESS
* SHARE PLACEMENT OF 25 MILLION SHARES AT A$0.04 EACH FOR
A$1
MILLION
* SALE OF 49% INTEREST IN DIRECT SELLING GROUP OF COMPANIES
FOR
A$1 MILLION
* CORE BUSINESS BEING WHOLESALE OF COMPANY'S PATENTED STRAIN
OF
PROBIOTICS, REMAINS UNCHANGED
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