Today, we note that Animoca Brands has announced that its shares will go into a trading halt on the PrimaryMarkets Platform at 5 pm AEST on Friday 25 September 2020.
Also, news from Lava Blue that its current capital raising is well on the way to reaching the half way mark and is attracting strong investor interest.
Finally, Wanted an ASX listed shell for a party looking to transact a Reverse Takeover (RTO).
Trading Halt for Animoca Brands shares on the PrimaryMarkets Platform commences 5 pm AEST 25 September 2020
Animoca Brands has advised that the Trading Window for the Company’s shares on the PrimaryMarkets Private Trading Hub Platform will halt from 5 pm AEST on 25 September 2020. Thereafter, shareholders of Animoca Brands will not be able to list and trade the Company’s shares on the PrimaryMarkets Platform until the trading halt is lifted by the Company.
There are currently both bids and offers for shares in Animoca Brands listed on the PrimaryMarkets Platform. All bids and offers that are not matched prior to the commencement of the trading halt will be withdrawn.
To register for the Animoca Private Trading Hub Click Here.
Lava Blue has successfully secured $775,000 of the current capital raise with strong additional investor interest and a number commitments expected to close shortly. If you are interested please enquire ASAP.
Additionally, Lava Blue have some exciting business updates:
Lava Blue is proceeding to complete the mini-plant at the Redlands Energy Science Park. Commissioning the mini-plant will significantly revalue the Company. Lava Blue will be the only enterprise in the world running a mini-plant that can demonstrate repeated production of HPA from kaolin.
Additional Grant Funding from IM CRC for Mini-Plant project
Since winning a $645,000 grant in September 2019, Lava Blue and research partners at QUT have been able to maintain progress across a number of fronts, including demonstrating early outcomes of machine learning in manufacturing of HPA. This substantial progress, along with the relocation of the mini-plant facility from the original small site at Banyo to the Redlands Energy Science Park, has resulted in the IM CRC increasing the total grant to $1,045,000.
We have a party looking to transact a Reverse Takeover (RTO) of an ASX Listed company. The target company must be:
- Fully complaint with ASX and ASIC requirements.
- Not be suspended or delisted.
- Problem free with control available and no material liabilities.
The respective business is a Western Australian Iron Ore explorer. Project drilling has commenced and it is looking to raise funds for a BFS and JORC Report.
The party has an experienced, successful, well-credentialed Board and Management team. The ownership structure and RTO terms are to be mutually agreed.
If you are aware of any such listed ASX shell please contact us email@example.com.
Join PrimaryMarkets for free!