Corporate Update
Challenger Acquisitions Limited (LSE: CHAL) is pleased to announce that, further to its announcements dated 19 August 2020 and 1 September 2020, the following steps have been executed:
Funding
As previously announced, Challenger has issued an Offer Letter (“Offer”) to certain of the shareholders of Cindrigo Energy Limited (“Cindrigo”) to acquire the shares they are expected to hold in Cindrigo Limited, Cindrigo Limited has transferred £450,000 (the “Funds”) to the client account of
Challenger’s solicitors, McCarthy Denning, in order to fund the costs of the Offer, and the reverse takeover process as well as the public company costs of Challenger.
A copy of the announcement can be downloaded HERE
