BRIEF-Pilbara Minerals Says Altura Creditors Approve Co's DOCA

Reuters

2020/12/11

Dec 11 (Reuters) - Pilbara Minerals Ltd :

* CREDITORS OF ALTURA LITHIUM OPERATIONS APPROVED PILBARA MINERALS' PROPOSED DEED OF COMPANY ARRANGEMENT

* DOCA WILL SEE PILBARA MINERALS CONTRIBUTING A$6 MILLION

* DOCA SIGNED BY CO, ALO, RECEIVERS AND ADMINISTRATORS OF ALO AND IS NOW EFFECTIVE

* COMPLETION OF SHARE SALE AGREEMENT CONDITIONAL ON EFFECTUATION OF DOCA

* COMPLETION OF SHARE SALE IS CONDITIONAL ON A$240 MILLION EQUITY RAISING

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com))

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