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PACIFIC RESOURCES LIMITED — Capital/Financing Update 2021
Jun 24, 2021
65638_rns_2021-06-24_879c72c9-2c5f-4ef7-800d-6a7fa86437c5.pdf
Capital/Financing Update
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25 June 2021
ASX ANNOUNCEMENT
Final Payment of Sector Projects Pty Ltd Convertible Note Received
AustChina Holdings Limited (AUH) wishes to advise that it has received the final payment of $110,000 which finalises the $1 million 8% Convertible Note held between the company and Sector Projects Pty Ltd.
This receipt concludes the cash component of the sale of Surat Gas Pty Ltd advised to ASX on 28 September 2018.
AUH still continues to hold 5% of the Issued Capital of Sector Projects Pty Ltd.
AUH continues to see long term potential in the copper sector to which Sector Projects provides through its exploration activities.
Yours faithfully,
Daniel Chan - Chairman
By order of the Board
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