| 04/09/2015: Update on Voluntary Suspension | |
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Microsoft Word - Request for Voluntary Suspension 4 September 2015
ACN. 000 317 251
Mr M Piccini,
Adviser, Listings (Perth),
ASX Compliance Pty Limited, Level 8 Exchange Plaza,
2 The Esplanade
Perth WA 8000
Dear Mauro,
Update on Voluntary Suspension
4 September 2015
CuDeco Limited (ASX Code; CDU, CuDeco) requests that it continues with its voluntary suspension of its shares.
The Company requested its Voluntary Suspension be continued on 20 August 2015 while seeking clarification of its planned financing arrangements. The Company has made some positive progress on resolving its funding needs. Documentation is expected to be finalised next week for its short term requirements and within the next fortnight for its long term funding. The Company's major shareholders have continued to support the Company throughout this period and continue to work closely with the Company's management.
Therefore in accordance with ASX Listing Rule 17.2:
1. the Company requests the voluntary suspension continue until it can complete the documentation for its funding/capital raising plans. It will then be able to provide the market with a definitive update on its future plans;
2. the Company expects the voluntary suspension to continue until the documentation for the funding and capital raising are finalised and an announcement is made to the ASX in this regard. At this stage it expects to be able to do so by 21 September 2015;
3. the event which will end the voluntary suspension will be the announcement referred to in paragraphs 1 and 2; and
4. the Company is not aware of any reason why the voluntary suspension should not be granted.
Yours faithfully
B Bamonte
Company Secretary
Unit 34, Brickworks Annex,19 Brolga Avenue, SOUTHPORT 4215
Phone: +617 5503 1955 Facsimile: +617 5503 0288
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CuDeco Limited
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EXPLORATION STAGE |
CODE : CDU.AX |
ISIN : AU000000CDU1 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
CuDeco is a copper producing company based in Australia. CuDeco holds various exploration projects in Australia. Its main exploration properties are LAS MINERALE and ROCKLANDS in Australia. CuDeco is listed in Australia. Its market capitalisation is AU$ 90.7 millions as of today (US$ 62.0 millions, € 55.9 millions). Its stock quote reached its highest recent level on August 13, 2010 at AU$ 4.38, and its lowest recent point on February 09, 2018 at AU$ 0.20. CuDeco has 394 280 000 shares outstanding. |