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PACIFIC RESOURCES LIMITED — Capital/Financing Update 2019
Sep 26, 2019
65638_rns_2019-09-26_b8d5944b-2389-4d11-848b-f10b0c9dee1c.pdf
Capital/Financing Update
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27 September 2019
ASX ANNOUNCEMENT
Extension to Sector Projects Pty Ltd Convertible Note
AustChina Holdings Limited (AUH) wishes to advise that it has today entered into an agreement with Sector Projects Pty Ltd to extend the maturity date of the $1m Convertible Note which was due for repayment by Sector Projects Pty Ltd on 28 September 2019.
The Convertible Note now matures on 28 December 2019. Sector Projects Pty Ltd has agreed to pay all accrued interest on the note to 28 September 2019 as well as prepay all interest to accrued to 28 December 2019 to AustChina Holdings Limited today.
AUH's rights under the Note are not affected.
Yours faithfully,
Daniel 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