Termination of Divestment
Filed with ASX · · 1 page · English
Summary by 6ix AI
Noviqtech Limited has announced the termination of a term sheet related to the divestment of its Carbon Central and Fuel Central assets due to conditions imposed by the ASX that could affect its listing status. The Board concluded that the conditions precedent outlined in the term sheet could not be satisfied, leading to the decision to terminate the proposed divestment. The company is in ongoing discussions with the ASX regarding the reinstatement of its shares to quotation.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Earlier from Noviqtech
- Quarterly Activities Report and Appendix 4C
- Response to ASX Query Letter
- Suspension from Quotation
- Coralia Commences Harvesting and Pyrolysis Trial
- Coralia Strategy Presentation
Later from Noviqtech
- NoviqTech Secures Extension of $1.4m Loan Facility
- Appendix 4D and Half Year Report
- Morphotech IP Acquisition and Licence
- NVQ receives firm commitments for $1.805m placement
- Long Term Suspended Entities
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