Ezenet granted voluntary suspension pending change of activities outcome at AGM
EzeNet, (ASX: EZE) soon to be re-named Oro Verde (ASX:OVL) has been granted voluntary suspension by the ASX, pending the outcome of a resolution at the company's general meeting to approve a change of activities.
The meeting will be held today, Monday 28 November.
The company's securities will remain in the suspension pending compliance with Chapters 1 and 2 of the listing rules.
EzeNet is transitioning to a gold and copper explorer and project developer in Chile.
The company recently launched a A$7 million capital raising program to assist in the development of its Chilean projects, which includes Chuminga which has an exploration target of 50 to 60 million tonnes of between 1% and 1.1% copper, 0.3 to 0.4 grams per tonne gold and 0.5 to 1% zinc, suitable for bulk mining.
The project is on the Pacific coast of Northern Chile, 115 kilometres south of the regional port and city of Antofagasta, in a region with excellent infrastructure that supports many famous world-class copper mines, including BHP Billiton's (ASX: BHP) Escondida Mine, the world's largest producer of copper.
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