A very disappointed outcome so far that WAPRC are still not able to show its capital structure and the source of funds to the ASX. This should not be a difficult task if WAPRC has audited financial statements, and proof of funds in the bank.
AustSino will remain in suspension while it responds to the ASX’s request for further information concerning theabovementioned proposed transactions, including regarding WAPRC and its corporate/capital structure, the sourceof funds and the new controllers of the Company following completion of the WAPRC placement.