Brief: Trade Window Announces Heads Of Agreement With nChain
30/03/2023 21:56
March 31 (Reuters) - Trade Window Holdings Ltd TWL.NZ :
* TRADEWINDOW ANNOUNCES HEADS OF AGREEMENT WITH NCHAIN FOR
NZ$11.1M STRATEGIC INVESTMENT
* INVESTMENT WOULD INCLUDE COMBINATION OF NZ$2.4 MILLION
CASH, AND
PRODUCT AND SERVICES TO VALUE OF NZ$8.7 MILLION
* NCHAIN TO BECOME 19.99% HOLDER IN TRADEWINDOW BY WAY OF
ORDINARY
SHARES AT AN ISSUE PRICE OF NZ$0.3952 PER SHARE
* REMAINS IN DISCUSSIONS WITH OTHER STRATEGIC INVESTORS AND
CONTINUES TO EXPLORE ALTERNATIVE FUNDING SOURCES
Further company coverage: TWL.NZ
((Reuters.Briefs@thomsonreuters.com;))