Brief: xReality Group Enters Into Conditional Debt Repayment & Subscription Agreement
05/03/2025 01:11
March 5 (Reuters) - xReality Group Ltd XRG.AX: ENTERED INTO CONDITIONAL DEBT REPAYMENT & SUBSCRIPTION AGREEMENT WITH BIRKDALE HOLDINGS (QLD) IF SHAREHOLDER APPROVAL OBTAINED, CO PROPOSES CURRENT DEBT OWING TO BIRKDALE OF A$4.628 MILLION WILL BE CONVERTED TO SHARES IF SHAREHOLDER APPROVAL OBTAINED, CO WILL ISSUE TO BIRKDALE 92.6 MILLION SHARES OF CO AT PRICE OF A$0.05 PER SHARE Further company coverage: XRG.AX ((Reuters.Briefs@thomsonreuters.com;))