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Investegate announcements from Equity Release No. 2, Notice to the holders
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Investegate announcements from Equity Release No. 2, Notice to the holders
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New Energy Minerals Ltd (ASX:NXE) Quarterly Report Mar 2021 & Appendix 5B Quarterly Report Mar 2021 & Appendix 5BSydney, April 23, 2021 AEST (ABN Newswire) - New Energy Minerals Limited ( Corporate Update New Project Acquisition The Company has previously announced with the closing of the Balama Sale Transaction on 17 July 2020 that it has no further operations in Mozambique and that the closing also represented a disposal of its main undertaking as previously re-approved by shareholders at a general shareholder meeting on 13 May 2020. Subsequently, the Company agreed to acquire a ...
New Energy Minerals Ltd (ASX:NXE) Settlement of Disputes with Arena OTCMKTS:MTTGF) announces that it has reached a settlement with Arena Structured Private Investments (Cayman) LLC ("Arena"), in relation to a $2.5 million (face value) convertible note facility provided to the Company which has been the subject of a claim by Arena and counterclaim by New Energy following the termination of the Convertible Note Deed in November 2018. The Convertible Note Deed was executed on 5 January 2018 and followed by an Amendment Deed executed on 22 May 2018 and a Consent Deed executed on 13 Augus...