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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Zambezi Res | LSE:ZRL | London | Ordinary Share | BMG988411028 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.25 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMZRL RNS Number : 6660O Zambezi Resources Ltd 11 March 2009 11 March 2009 Zambezi Resources Limited RECEIPT OF TERMINATION NOTICE Zambezi Resources Limited ("Zambezi" or the "Company") (AIM:ZRL; ASX:ZRL) announces that the Company today received a notice from Astron Ltd ("Astron") purporting to terminate the subscription agreement dated 28 January 2009 between the Company and Astron for the issue of 171,000,000 shares at 2 cents per share, which was the subject of resolution 3 at the Company's general meeting held on 9 March 2009. Zambezi regards the notice received from Astron as a repudiation of the subscription agreement. Zambezi remains ready and willing and able to complete pursuant to the subscription agreement. Accordingly, Zambezi has requested the ASX grant a suspension of the Company's securities pursuant to the ASX listing rules pending resolution or clarification of the dispute. Zambezi is not aware of any reason why the securities should not be suspended. The Company's shares remain suspended from trading on AIM. For Further Information please contact: +---------------------------+--------------------------------+ | Julian Ford, Managing | Simon Edwards / Adam Lloyd | | Director | Evolution Securities Ltd | | Zambezi Resources | + 44 20 7071 4300 | | (Australia) | | | +61 (08) 9216 9000 | | | +61 (0) 418 949 580 | | | | | +---------------------------+--------------------------------+ | Fiona Owen | | | Grant Thornton UK LLP | | | +44 20 7383 5100 | | | | | +---------------------------+--------------------------------+ This information is provided by RNS The company news service from the London Stock Exchange END MSCGIGDXGXBGGCB
1 Year Zambezi Resources Chart |
1 Month Zambezi Resources Chart |
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