Brief: Qantm Intellectual Property Updates On Adamantem Indicative Proposal

Qantm Intellectual Property

01/05/2024 01:42

May 1 (Reuters) - QANTM Intellectual Property Ltd
 QIP.AX :
    * UPDATE ON ADAMANTEM INDICATIVE PROPOSAL
    * HAS COMPLETED ITS DUE DILIGENCE INVESTIGATIONS AND
CONTINUES TO
PURSUE ADAMANTEM INDICATIVE PROPOSAL
    * THERE IS NO CERTAINTY THAT ADAMANTEM INDICATIVE PROPOSAL
WILL
RESULT IN A TRANSACTION
    * PARTIES HAVE AGREED TO EXTEND EXCLUSIVITY PERIOD UNTIL
10AM ON 8
MAY
    * SHAREHOLDERS DO NOT NEED TO TAKE ANY ACTION IN RELATION TO
ADAMANTEM INDICATIVE PROPOSAL.

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