Level 10, 110 Mary Street, Brisbane QLD 4000
PO Box 7122, Brisbane QLD 4001
ABN 55 082 541 437 (ASX: CKA)
www.cokal.com.au
PLATINUM GROUP DEBT CONVERSION --- FURTHER UPDATECokal Limited (Company) advises that since the last update on 21 December 2016 further updates have been received regarding the debt conversion agreement announced on 22 July 2016.
The Company has been advised that Bart Schwartz has been appointed receiver of the relevant Platinum Partners Fund. The receiver through his duly appointed staff has advised this morning that the debt conversion transaction is being reviewed with the purpose to finalise it and that the receiver has the full authority to enter into an agreement. The receiver will revert to Cokal as soon as his review is done.
The Company will update the market as soon as this further information is received.
ENDS4 January 2017 Page 1 of 1
Cokal Limited published this content on 04 January 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 17 January 2017 11:56:08 UTC.
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