Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

BRIEF-Nemex Resources updates on Wavefront investment

Published 24/11/2015, 10:18 am
© Reuters.  BRIEF-Nemex Resources updates on Wavefront investment

Nov 24 (Reuters) - Nemex Resources Ltd NXR.AX :

* Wavefront investment update and capital raising plans

* Says plans to transition to a biometric focussed technology company

* Says update with respect to its investment in wavefront biometric technologies pty ltd

* Wavefront has advised Nemex that purdue icbr was unable to independently validate and report on the wavefront system performance metrics

* Says wavefront intends to review and amend the system software to ensure it provides data output in a typical format

* Says wavefront is targeting completion of the next phase of work in 1H 2016

* Source text for Eikon ID:nASX3s1Pgd

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.