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DEVELOP GLOBAL LIMITED — Regulatory Filings 2023
Oct 29, 2023
64801_rns_2023-10-29_126a6d9f-35e9-460e-8407-da4bee2e08f5.pdf
Regulatory Filings
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ASX Announcement
27 October 2023
Release of Restricted Securities from Voluntary Escrow
Develop Global Limited (ASX: DVP) ( Develop or the Company ) confirms that pursuant to Listing Rule 3.10A the following securities are due to be released from voluntary escrow:
| Security Description | Escrow Release Date | Number of Securities |
|---|---|---|
| Ordinary Fully Paid Shares (Shares) |
4 November 2023 | 1,528,383 |
The release of these Shares does not change the issued capital of the Company.
This announcement is authorised for release by the Company Secretary of Develop.
ENDS
For further information contact:
INVESTORS
MEDIA
Bill Beament Paul Armstrong Develop Read Corporate P: +61 8 6389 7400 P: +61 8 9388 1474 E: [email protected] E: [email protected]
About Develop
Develop (ASX: DVP) has a twin-pronged strategy for creating value. The first of these centres on the exploration and production of future-facing metals. As part of this, the Company owns the Sulphur Springs zinc-copper-silver project in WA’s Pilbara region. This project is currently the focus of ongoing exploration to grow the inventory and various development studies. Develop also owns the Woodlawn zinc-copper project in NSW. Woodlawn, which is on care and maintenance, comprises an underground mine and a new processing plant. The second plank of Develop’s strategy centres on the provision of underground mining services. As part of this, Develop has an agreement with Bellevue Gold (ASX: BGL) to provide underground mining services at its Bellevue Gold Project in WA.