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PACIFIC RESOURCES LIMITED — Capital/Financing Update 2022
Jun 13, 2022
65638_rns_2022-06-13_03d642ac-07d1-4852-a384-9be2dcb2d110.pdf
Capital/Financing Update
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14 June 2022
ASX ANNOUNCEMENT
– Convertible Note Liability Conversion and Extension of Maturity Date
AustChina Holdings Limited (AUH) is pleased to advise that the $750,000 Convertible Note on issue has today been partly converted to shares and an extension to the maturity date has been secured for the balance of the Convertible Note.
Treasure Wheel Global Limited, a related party of Daniel Chan, has given notice to convert $250,000 of the Convertible Note to shares and has approved an extension of the remaining $500,000 to 11 November 2022. The terms of the Note remain unchanged and there is no interest payable on the Convertible Note.
This announcement has been authorised for release to the ASX by the Chairman, Daniel Chan.
Yours faithfully,
Daniel Chan - Chairman
By order of the Board
Further information:
Andrew Fogg - Chief Executive 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