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PACIFIC RESOURCES LIMITED — Capital/Financing Update 2020
Mar 2, 2020
65638_rns_2020-03-02_9dd65daa-d292-4785-a06c-e9379c9ca889.pdf
Capital/Financing Update
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3 March 2020
ASX ANNOUNCEMENT
Sector Projects Pty Ltd - Part Payment of Convertible Note Received
On 20 December 2019 AustChina Holdings Limited (ASX: AUH) advised that it had entered into an agreement with Sector Projects Pty Ltd for partial payment of $250,000 of the $1m Convertible Note on or before 28[th] February 2020 with a further extension of the remaining $750,000 for a further six months which matures on 28[th] June 2020.
AUH advises that it received the payment of $250,000 from Sector Projects Pty Ltd on 28[th] February 2020 in accordance with the agreement.
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