SM8 3.45% 2.8¢ smart marine systems limited

March 1 (Reuters) - Smart Marine Systems Ltd (SM8) : HAS...

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    March 1 (Reuters) - Smart Marine Systems Ltd (SM8) :

    • HAS ENTERED INTO A BINDING TERM SHEET TO ACQUIRE 100% OF EVOLUTION SUBSEA PTY LTD
    • CO WILL ACQUIRE 100% OF HARVEST FOR 15 MILLION SHARES ISSUED AT A PRICE OF 2.2 CENTS EACH
    • CO SEEKS TO RAISE UP TO $2.5 MILLION IN WORKING CAPITAL
 
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Currently unlisted public company.

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