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PACIFIC RESOURCES LIMITED — Capital/Financing Update 2018
Mar 19, 2018
65638_rns_2018-03-19_d5d6ba53-9954-4332-921a-a4f4ff47be7f.pdf
Capital/Financing Update
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20 March 2018
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ASX ANNOUNCEMENT
SALE OF SURAT GAS PTY LTD - PURCHASER EXERCISES OPTION
On 7 March 2018 AustChina Holdings Limited ( ASX: AUH ) announced that it had signed an Option Deed for the sale of AustChina’s 100 % owned subsidiary Surat Gas Pty Ltd (ASX announcement: “AustChina Signs Option Deed for the Sale of Surat Gas Pty Ltd”.
AustChina is pleased to announce that it has today received notice that the purchaser has exercised its Option under the Option Deed.
The purchaser has 60 days from 7 March 2018 to obtain finance (Condition Date).
Shareholders are cautioned that completion of the transaction is conditional on the purchaser obtaining finance to its satisfaction.
Yours faithfully,
Anthony Chan – Chairman
Further information:
Andrew Fogg – Chief Executive Officer Officer
Bruce Patrick – Chief Operating
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