March 8 (Reuters) - Assetowl Ltd (AO1) :
- Updates on proposed spin out of mineral exploration assets
- Assetowl vendors which received co's shares as consideration agreed to renounce their right to participate in proceeds of any sale or spin out of mineral exploration assets
- Following review, co decided to further evaluate as its preferred option a spin-out of mineral exploration assets with distribution in-specie to existing shareholders
News: AO1 Assetowl updates on proposed spin out of mineral exploration assets
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