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TAW - Tawana Resources NL News Story

A$0.31 0.0  0.0%

Last Trade - 04/12/18

Sector
Basic Materials
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £99.4k
Position in Universe th / 1835

BRIEF-Tawana Resources Announces Finalisation Of $40 Mln Funding Package & Merger Update

Wed 31st October, 2018 8:38am
Oct 31 (Reuters) - Tawana Resources NL  TAW.AX :
    * FINALISATION OF $40 MILLION FUNDING PACKAGE AND MERGER
UPDATE
    * PART OF PROCEEDS FROM DRAW DOWN ON FIRST TRANCHE OF $20
MILLION
WILL BE USED TO REPAY $5 MILLION LOAN FROM RED COAST INVESTMENT
LIMITED
    * NOW IN A POSITION TO FINALISE SUPPLEMENTARY DISCLOSURE
REQUIRED
IN CONNECTION WITH MERGER
    * WILL SEEK APPROVAL OF PROPOSED SUPPLEMENTARY DISCLOSURE AT
A
FEDERAL COURT HEARING SET DOWN FOR 8 NOVEMBER 2018
    * SECOND TRANCHE OF $20 MILLION REMAINS CONDITIONAL UPON
COMPLETION OF MERGER AND ALLIANCE RECEIVING CONDITIONAL ASX
LISTING APPROVAL

Source text for Eikon:  ID:nJsee0034a 
Further company coverage:  TAW.AX 

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