Adavale Resources LimitedASX: ADD

Adavale Signs MOU with New Strategic Investor

· Issued by Adavale Resources Limited

Filed with ASX · · 2 pages · English

Adavale Resources Limited (ASX: ADD) (Adavale or Company) is pleased to advised it has entered into a Memorandum of Understanding (MOU) with Jun Moon Limited, a new strategic investor, to ensure the Company’s sustainability and future growth. Subject to shareholder approval, under the terms of the MOU it is proposed that Jun Moon Limited will: -Acquire the existing convertible note facility from M

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