New Energy Minerals Ltd (ASX:NXE) Settlement of Disputes with Arena
OTCMKTS:MTTGF) announces that it has reached a settlement with Arena Structured Private Investments (Cayman) LLC ( Arena ), in relation to a $2.5 million (face value) convertible note facility provided to the Company which has been the subject of a claim by Arena and counterclaim by New Energy following the termination of the Convertible Note Deed in November 2018.
The Convertible Note Deed was executed on 5 January 2018 and followed by an Amendment Deed executed on 22 May 2018 and a Consent Deed executed on 13 August 2018.
New Energy has previously announced that Arena commenced proceedings against the Company in the Supreme Court of Western Australia whereby it sought declarations and orders that New Energy is liable to pay Arena the outstanding Principal Amount of $2,500,000, a Termination Payment of $2,535,000, interest and legal costs.
Sapphires are the most desired colored gemstone among US consumers, followed by rubies, emeralds and amethysts, according to a recent survey by MVI Marketing. Some 46% bought fine jewelry featuring sapphire in the past two years, the study found. Ruby and emerald each attracted 41%, with 35%.
New Energy Minerals Ltd (ASX:NXE) Quarterly Report Dec 2020
Corporate Update
New Project Acquisition
The Company has previously announced with the closing of the Balama Sale Transaction on 17 July 2020 that it has no further operations in Mozambique and that the closing also represented a disposal of its main undertaking as previously approved by shareholders at a general shareholder meeting on 13 May 2020.
Subsequently, the Company agreed to acquire a new mineral project and on 13 October 2020 requested a trading halt pursuant to ASX Listing Rule 17.1 pending announcement of a project acquisition.
On 13 November 2020, the ASX suspended the Company from official quotation pending the release of an announcement regarding an acquisition and that the Company s securities will remain suspended until it has recomplied with Chapters 1 and 2 of the Listing Rules, including the issue of a prospectus.
Like many high schoolers,
Hunter Schafer used those four years to explore the boundaries of makeup for the first time. The now 21-year-old started off by dipping her toes in the stereotypical pool of concealing the discoloration under her eyes and painting on flicks to appear more feline or pretty or something, Schafer tells
Allure. It s a classic duo that I, too, was fond of.
But as she got closer to senior year, she got bored with doing the same, conventional makeup every single day. Eventually [I] just grew to feel more comfortable in my skin and was able to take a more playful approach, she recalls. I started playing with how applying makeup in different places on my face can change the shape and taking more into consideration what I want to look like or what energy I want to radiate, which led me to the more artistic standpoint that I take with it now.
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