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GREEN360 TECHNOLOGIES LIMITED — Capital/Financing Update 2015
Jul 13, 2015
65020_rns_2015-07-13_0be53bd8-df05-471c-8b5f-41ba325445b8.pdf
Capital/Financing Update
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ASX ANNOUNCEMENT
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14 July 2015
Market Update
Lithex Resources Limited (“Lithex” or “Company”) ( ASX: LTX ) provides a market update prior to the lifting of its voluntary suspension by ASX on 14 July 2015.
The Board advises that the proposed acquisition of an asset referred to in the announcement of 3 July 2015 did not pass the Company’s due diligence requirements and, as a result, any agreement to acquire the proposed asset has been terminated.
LTX’s cash balance at 30 June 2015 is a healthy $1.55 million, following settlement of the Livelynk Group Pty Ltd loan, as announced on that date.
The Company continues to review it’s strategy with the view to identifying and evaluating investment opportunities that it considers will enhance shareholder value. It continues to have a number of investment proposals presented to it as well as actively seeking out suitable investment opportunities.
For further information please contact:
Jason Peterson
Director Lithex Resources Limited
Email: [email protected]
Forward Looking Statements
This report may contain forward looking statements that are subject to risk factors which are based on Lithex Resources’ expectations relating to future events. Forwardlooking statements are subject to risks, uncertainties and other factors, many of which are outside the control of Lithex Resources, which could cause actual results to differ materially from such statements. Lithex Resources makes no undertaking to update or revise the forward-looking statements made in this report to reflect events or circumstances after the date of this release.
Level 1, 330 Churchill Avenue, Subiaco WA 6008 Website. www.lithex.com.au email: [email protected] Tel: 08 9328 6262 ACN: 140 316 463 ASX code: LTX