Minerals 260 Limited (ASX:MI6) – Continued Suspension from Quotation
Suspension Details
The securities of Minerals 260 Limited (ASX:MI6) will continue to be suspended from quotation. This decision follows MI6’s request, as the company has entered into an agreement to acquire the Bullabulling Gold Project.
Conditions for Resumption
ASX has invoked its discretion under Listing Rule 11.1.2 to make the Proposed Acquisition conditional on approval by MI6’s ordinary security holders. Additionally, under Listing Rule 11.1.3, MI6 must re-comply with Chapters 1 and 2 of the Listing Rules before the suspension can be lifted. Consequently, MI6’s securities will remain suspended until these conditions are met.
Motley Fool contributor Lianne Eastty has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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