6 Feb 2017 09:30
BOS GLOBAL Holdings Limited
ACN 009 087 852
AIM Release
6 February 2017
Market update of 75% interest held in Copper Range (SA) Pty Ltd
BOS GLOBAL Holdings Limited ("BOS" or "the Company") (AIM: BOS), the software company focused on creating enterprise productivity solutions for the global workforce market, is pleased to provide an update regarding the sale of its 75% interest in the mining exploration company Copper Range (SA) Pty Ltd ('CRSA'), which was previously announced on 21 December 2016.
BOS has completed an extensive review of both third party technical reports and past offers for the tenements owned by CRSA, which are located within the Olympic Domain and Stuart Shelf region in South Australia. Following this review, the Company has appointed RSM Corporate Finance Australia Pty Ltd ('RSM') led by its Director, Mr. Andrew Gilmour from RSM's Perth, Western Australia office, to advise on the sale of CRSA.
BOS Managing Director Michael Travia said, "We are pleased to have appointed an independent adviser to assist with the sale of BOS's interest in the CRSA tenements, or possibly the company as a whole. Any proceeds generated by the sale process will be put to work marketing our BOS360 Work Patterns platform as a service offering."
**ENDS**
For further information please visit www.bosglobal.com or contact:
Michael Travia Managing Director | BOS GLOBAL Holdings Limited | Tel: +61 (0) 8 9322 4071 E: shareholder@bosglobal.com |
Oliver Morse NOMAD | RFC Ambrian Limited | Tel: +61 (0) 8 9480 2500 |
Charles Goodfellow / Lucy Williams Broker | Peterhouse Corporate Finance Limited | Tel: +44 (0) 20 7220 9791 |
Elisabeth Cowell / Charlotte Page Financial PR | St Brides Partners Ltd | Tel: +44 (0) 20 7236 1177 |
About BOS GLOBAL:
BOS GLOBAL is a software company focused on creating enterprise productivity solutions for the global workforce market. It does this through a blend of business process automation, intelligence gathering and advanced analytics to drive efficient business practices and workplace engagement.
The Company is currently developing the BOS360 Work Patterns Platform based upon its existing and international patent pending research and development, and to provide businesses with a comprehensive platform through which they can capture, manage and measure efficiency in real time at the individual, team and organisational level.