Common Contracts

UPDATE IN RELATION TO THE BINDING TERM SHEET, SUBSCRIPTION AGREEMENT AND LETTER OF VARIATION ENTERED INTO WITH BURWILL COMMODITY LIMITED

November 19th, 2017

• Filed
  November 19th, 2017

The Board of Directors (“Board”) of Alliance Mineral Assets Limited (“AMAL” or the “Company”) refers to the announcements dated (i) 5 October 2017 in relation to the binding term sheet (“Binding Term Sheet”) entered into with Burwill Commodity Limited (“Burwill”) and the subscription agreement for the proposed placement (the “Subscription Agreement”); (ii) 31 October 2017 in relation to the letter of variation (“Variation Letter”) varying, inter alia, the Binding Term Sheet; (iii) 1 November 2017 in relation to the receipt of the listing and quotation notice; (iv) 3 November 2017 in relation to the allotment and issuance of the Tranche 1 to 3 Subscription Shares and (v) 8 November 2017 in relation to the allotment and issuance of the Tranche 4 Subscription Shares and completion of the placement with Burwill (“Announcements”).