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BRIEF-Havilah Resources Says Resolution For Approval Of Proposed Investment Has Not Been Passed

Published 12/09/2019, 04:00 pm
© Reuters.  BRIEF-Havilah Resources Says Resolution For Approval Of Proposed Investment Has Not Been Passed
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Sept 12 (Reuters) - Havilah Resources Ltd HAV.AX :

* RESOLUTION FOR APPROVAL OF PROPOSED INVESTMENT IN HAVILAH OF UP TO $100 MILLION BY ONESTEEL MANUFACTURING HAS NOT BEEN PASSED

* DISCLOSES RESULTS OF EXTRAORDINARY GENERAL MEETING

* $5 MILLION PRO-RATA RIGHTS ISSUE WILL NO LONGER BE PROCEEDING

* DESPITE PROPOSED TRANSACTION HAVING BEEN IN MARKET FOR OVER 4 MONTHS, NO ALTERNATIVE OFFER OR PROPOSAL HAVE BEEN RECEIVED BY CO

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