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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Cindrigo Holdings Limited | LSE:CHAL | London | Ordinary Share | Ordinary Shares |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.13 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMCHAL
RNS Number : 2518N
Challenger Acquisitions Limited
16 January 2019
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, WITHIN, INTO OR IN THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN.
For Immediate Release
16 January 2019
Challenger Acquisitions Limited
("Challenger" or the "Company")
Agreement to Dispose of Investment in Dallas Wheel Project
Challenger Acquisitions Limited (LSE: CHAL) announces that it has it has signed an agreement with the developers of the wheel project in Dallas, Texas ("the Developers") to sell its US$300,000 investment in this project back to the Developers. This is in line with the Company's strategy to seek out a project that can utilise the public company platform.
Highlights
-- Challenger has received US$27,000 in interest (one year of interest at 9%) -- Challenger will receive US$50,000 per month commencing 31 January 2019 for six months -- Challenger will receive interest with each monthly payment (9% on balance)
-- Until the full US$300,000 has been received, Challenger retains all legal rights from the original promissory note
Mark Gustafson, Challenger's Chief Executive Officer, stated, "This transaction helps maintain the ongoing viability of our Company as we continue the search for a suitable project with a view to garnering near-term shareholder value."
This announcement contains inside information.
**ENDS**
For more information visit www.challengeracquisitions.com or enquire to:
Challenger Acquisitions Limited Mark Gustafson +1 604 454 8677 St Brides Partners Ltd (PR) Lottie Wadham/Cosima Akerman +44 (0) 20 7236 1177
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
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(END) Dow Jones Newswires
January 16, 2019 04:30 ET (09:30 GMT)
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