COMPANY ANNOUNCEMENT
Immediate Release 22 August, 2017
ASX: EVM OTCQX: EVOMY
Apollo Solar Tower Development Rights Fee UpdateEnviroMission Limited has received a tranche of US$60K toward the outstanding fees of US$740K required to finalize an exclusive Texas Solar Tower Development Rights agreement with EnviroMission Limited.
The balance of US$680K remains due on or before 30 September 2017 as indicated in the 8 June 2017 company announcement issued via the ASX.
Apollo's US$60K provides working capital to EnviroMission whilst EnviroMission seeks to raise the necessary capital to satisfy the requirements of the ASX in relation to EnviroMission's listing status.
Ends
Roger C. Davey
Chief Executive Officer EnviroMission Limited
Enquiries to: Kim Forte
Communications Director
+61414690356
kforte@enviromission.com.au
EnviroMission Limited I | ACN: 094 963 238 | I | 238 Albert Rd, South Melbourne, Victoria, Australia 3205 |
T +61 3 9693 5666 I | F +61 3 9699 7566 | I | E communications@enviromission.com.au |
Enviromission Limited published this content on 23 August 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 23 August 2017 00:27:01 UTC.
Original documenthttp://www.enviromission.com.au/irm/PDF/1469_0/ApolloSolarTowerDevelopmentRightsFeeUpdate
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