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ASF GROUP LIMITED — Capital/Financing Update 2014
Apr 10, 2014
64323_rns_2014-04-10_95e52338-5f21-40da-8dcf-65b9eebab5f2.pdf
Capital/Financing Update
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HOLDINGS LIMITED ARBN 077 559 525
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11 April 2014
The Manager Company Announcements Australian Stock Exchange Ltd via: www.asxonline.com
Dear Madam/Sir,
Acquisition of ASF Kaili
Omnitech Holdings Limited (ASX:OHL) ( Company ) announces that it has entered in to a Share Sale and Purchase Agreement with ASF Group Limited (“ASF”) and Kaili Holdings Limited (“Kaili”), which the Company agrees to acquire 100% equity interest in ASF Kaili Resource Pty Ltd (“ASFK”) at a consideration of A$605,000, which will be satisfied by issuing 11,000,000 fully paid ordinary shares at A$0.055 each to the shareholders of ASFK.
ASFK currently holds 2 tenements (E04/1433 and E04/1436) in Western Australia. The Company’s mining portfolio enlarges after the acquisition of ASFK.
Yours faithfully,
Dongmei Ye Company Secretary Omnitech Holdings Limited
Omnitech Holdings Limited Suite 103, Gold Fields House 1 Alfred St, Sydney NSW 2000 TEL ---- +61(02) 9251 5088 FAX ---- +61(02) 9251 5089