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    Brief: Factor Therapeutics Updates On Share Purchase Agreement To Acquire Powerlime

    Picture of InVert Graphite logoInVert Graphite
    26/07/2021 09:41
    July 26 (Reuters) - Factor Therapeutics Ltd  FTT.AX :
    * CONDITIONAL SHARE PURCHASE AGREEMENT TO ACQUIRE POWERLIME
    * NOW ENTERED SHARE PURCHASE AGREEMENT WITH POWERLIME,
POWERLIME
SHAREHOLDERS
    * DEAL TO BUY ALL ISSUED SHARES IN POWERLIME
    * PROPOSES TO ISSUE 187.5 MILLION SHARES TO POWERLIME'S
SHAREHOLDERS AT A$0.004 PER SHARE
    * FOLLOWING CLOSE OF DEAL, CO WILL UNDERTAKE A$4M CAPITAL
RAISE AT
A$0.004

Source text for Eikon:  ID:nASX8VdP2k 
Further company coverage:  FTT.AX 

 ((Reuters.Briefs@thomsonreuters.com;))

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