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PACIFIC RESOURCES LIMITED — Capital/Financing Update 2018
Dec 9, 2018
65638_rns_2018-12-09_72ae13a3-6243-4ba6-9d30-6963154bb3ee.pdf
Capital/Financing Update
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10 December 2018
ASX ANNOUNCEMENT
Convertible Note – Partial Redemption and Extension of Maturity Date
AustChina Holdings Limited (AUH) wishes to advise that the $1.9 million Convertible Note which was issued on 8 December 2016 following shareholder approval, was due to mature on 8 December 2018.
The Company is pleased to announce that it has successfully negotiated an extension for $1.5m of the Convertible Note for a further 6 months and has redeemed the remaining $400K for cash.
The new Maturity Date for the Convertible Note is 8 May 2019.
Yours faithfully,
Anthony Chan – Chairman
Further information:
Andrew Fogg – Chief Executive Officer
Bruce Patrick – Chief Operating Officer
AustChina Holdings Limited ABN 20 075 877 075 Level 16, 344 Queen Brisbane Queensland 4000 • GPO Box 762 Brisbane Queensland 4001 Australia T +61 7 3229 6606 • [email protected] • www.austchinaholdings.com