Full Press Release Details
Immuron Limited (Immuron) refers to its
market update of 8 June 2021 advising the market that it had lodged a submission with the ASX regarding a proposed major transaction.
ASX confirmed to Immuron on 11 June 2021 that
if it proceeds with the proposed transaction, that ASX will exercise its discretion under Listing Rule 11.1.3 to require Immuron to recomply
with chapters 1 and 2 of the listing rules.
Immuron is required to lodge a formal In-Principle
Advice Application in accordance with Guidance Note 12. That application has now been received by ASX, and the ASX is currently considering
the application in connection with Immuron's suitability for admission to the official list of ASX Limited (ASX) as an ASX Listing
under ASX Listing Rules 1.1 condition 1 and 1.19.
Immuron acknowledges that its securities will
remain suspended until it has met the requirements set out in Guidance Note 12.
On behalf of the Board
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| Level 3, 62 Lygon Street, | www.immuron.com | Phone: + 61 (0)3 9824 5254 |
| Carlton South, Victoria | Facsimile: + 61 (0)3 9822 7735 | |
| AUSTRALIA 3053 | ABN: 80 063 114 045 |