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TZ LIMITED — Capital/Financing Update 2012
Apr 29, 2012
65975_rns_2012-04-29_24285429-e6d9-4050-abb4-df7ba18cbab8.pdf
Capital/Financing Update
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TZ Limited ABN 26 073 979 272
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30 April 2012
Lodged by ASX Online
The Manager Company Announcements Office ASX Ltd. Level 4, 20 Bridge Street Sydney, NSW 2000
Dear Sir/Madam
EXTENSION OF MATURITY DATE FOR SERIES I CONVERTIBLE NOTES
TZ Limited (ASX Code: TZL) (the " Company ") announces that It has agreed with QVT Fund LP and Quintessence Fund L.P. (the " QVT Funds ") to amend the terms of issue applying to the 12,000 Series I Convertible Notes held by the QVT Funds so as to extend the maturity date for repayment applying to the convertible notes from 19 February 2013 to 19 February 2014.
The Company owes $12,000,000 principal under the 12,000 Series I Convertible Notes.
The agreement to extend the maturity date is subject to obtaining the approval of the Company's shareholders at the next meeting of the Company's shareholders.
Yours faithfully, TZ LIMITED
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Kenneth Ting Executive Director / Company Secretary
Sydney (Registered Office) Level 11, 1 Chifley Square Sydney, NSW 2000 Australia
Chicago (Operational Headquarters) 520 West Erie Street, Suite 210 Chicago, IL 60654 United States
ASX: TZL Web: www.tz.net Email: [email protected]