BRIEF-W G Wearne Says Terminated Funding Agreement With Milost Global

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BRIEF-W G Wearne Says Terminated Funding Agreement With Milost Global
Credit: © Reuters.

May 31 (Reuters) - W G Wearne Ltd WEAJ.J :

* WEARNE TERMINATED FUNDING AGREEMENT WITH MILOST GLOBAL AS MILOST NOT FULFILLED OBLIGATIONS IN TERMS FUNDING DEAL OF FIRST DRAWDOWN NOTICE

* DISCUSSIONS WITH ITS MAJOR SHAREHOLDERS ON RECAPITALISATION OF GROUP STILL ONGOING

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