Brief: Zeotech Announces Commencement Of Legal Proceedings Against Co

Zeotech

10/11/2022 06:31

Nov 10 (Reuters) - Zeotech Ltd  ZEO.AX :
    * COMMENCEMENT OF LEGAL PROCEEDINGS AGAINST ZEOTECH
    * ADVISES GOLD COAST TWEED PET MOTELS COMMENCED LEGAL
PROCEEDINGS
AGAINST CO IN SUPREME COURT OF QUEENSLAND
    * CO HAS BEEN SERVED WITH A CLAIM AND STATEMENT OF CLAIM
    * PROCEEDINGS RELATE TO SECOND MILESTONE PERFORMANCE RIGHTS
IN CO
ISSUED TO GOLD COAST TWEED UNDER ABERCORN KAOLIN PROJECT TERM
SHEET
    * PROCEEDINGS SEEK DAMAGES, INTEREST, AND SUCH FURTHER OR
OTHER
RELIEF AS COURT CONSIDERS JUST
    * REVIEWING CLAIM AND STATEMENT OF CLAIM WITH LEGAL ADVISERS
AND
WILL BE DEFENDING PROCEEDINGS

Source text for Eikon:  ID:nASX50fnHh 
Further company coverage:  ZEO.AX 
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