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STREAMPLAY STUDIO LIMITED — Capital/Financing Update 2018
Jan 30, 2018
65841_rns_2018-01-30_767e1d66-e48b-4d14-a871-480331ebcd43.pdf
Capital/Financing Update
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ABN 31 004 766 376
UPDATE ON ACQUISITION OF GBG
Release Date: 31 January, 2018
Arrowhead Resources Ltd (to be renamed ‘Emerge Gaming Limited’) (the Company ) advises that subsequent to the Company’s lodgement of a replacement prospectus on 8 January 2018, it has been working with ASX to seek a conditional listing approval.
The Company has been advised by ASX that in light of the additional information disclosed in the replacement prospectus, ASX requires the Company to seek shareholder approval again under listing rule 11.1.2 for the GBG transaction. The Company will also seek a new shareholder approval for the issues of securities in connection with the GBG transaction and associated capital raising.
In addition, ASX has advised that the ASX Listing Application Review Committee will also need to re-consider the Company’s application for listing.
The Company will move forward and work to complete the remaining steps towards re-listing as soon as possible, including lodging a supplementary prospectus with the ASIC in relation to the shareholder reapproval and an updated timetable for the Offer following the ASX Listing Application Review Committee meeting.
For further information , please contact: Arrowhead Resources Limited Phone: +61 08 9246 4483
Suite 1, 58 Southside Drive Hillarys WA 6025 Australia t: +61 8 9246 4483
PO Box 2277 Marmion WA 6020 Australia