JKA jacka resources limited

Ann: Listing Rule Chapter 12.1, page-3

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    21 March 2018 ASX RELEASE
    LISTING RULE CHAPTER 12.1
    Jacka Resources Limited (ASX:JKA) notes the provisions of listing Rule 12.1, which require that the
    level of an entity’s operations must, in ASX’s opinion, be sufficient to warrant the continued quotation of
    the entity’s securities and its continued listing.
    The ASX has advised that it will afford the Company a period of six months to demonstrate to the ASX
    that it is in compliance with Listing Rule 12.1. Accordingly, If the Company does not demonstrate
    compliance with this rule to the ASX’s satisfaction by the close of business on 20 September 2018,
    ASX may suspend the Company’s securities from official quotation.
    JKA’s directors have been actively reviewing a number of proposals and investments. A number have
    already been considered and rejected and there are a number of investment proposals currently under
    review. However, none of these investments have reached a stage where disclosure would be required
    under ASX Listing Rule 3.1.
 
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