Brief: Silver Chef Updates On Conditional Proposals From Next Capital And Blue Stamp

Siv Capital

12/09/2019 06:48

Sept 12 (Reuters) - Silver Chef Ltd  SIV.AX :
    * UPDATES ON CONDITIONAL PROPOSALS FROM NEXT CAPITAL AND
BLUE
STAMP
    * BOARD CONSIDERS IT MUST EXPLORE BOTH PROPOSALS & CONTINUE
NEGOTIATIONS WITH FINANCIERS, BSC & NEXT CAPITAL TO DETERMINE
BEST OUTCOME
    * TOWARDS PROPOSAL, BSC DEPOSITED $45 MILLION IN CASH TO
THEIR
SOLICITORS' TRUST ACCOUNT, PROVIDED A COPY OF RECEIPT TO CO

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