DXN LIMITED(DXN)

The suspension of trading in the securities of DXN Limited will be lifted immediately following the release by DXN of an announcement regarding a contract for the supply and installation of a Cable Landing Station with the Government of Timor-Leste.

DXN has signed a contract for the supply and installation of a Cable Landing Station with the Government of Timor-Leste. The Timor-Leste South Submarine Cable project aims to construct a submarine cable connection between Díli (Timor-Leste) and the North-West Cable System, which spans Darwin and Port Hedland. The TLSSC project depends on the cable landing infrastructure in Díli to provide a secure location for all the infrastructure that is required to terminate and operate the cable system.

The securities of DXN Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of DXN, pending the release of an announcement regarding the completion of a material modular data centre contract.

The suspension of trading in the securities of DXN Limited will be lifted immediately following the release by DXN of an announcement regarding an update on the sale of the business assets by the company.

EDGE module manufacturing business to be sold to Flow2Edge Australia Pty Ltd for A$20 million in cash. DXN intends to use the cash proceeds to pay down debt and make a distribution to shareholders. DXN to retain data centre businesses and consider related strategic options.

The securities of DXN Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of DXN, pending the release of an announcement regarding an update on the sale of the business assets by the company as announced on 5 August 2022.

The suspension of trading in the securities of DXN Limited will be lifted immediately following the release by DXN of an announcement regarding a material contract and the receipt of a response to an ASX Price Query.

The company issues a response to ASX Price and Volume Query.

DXN has signed a contract for a Modular Data Centre and a total of 10 communications rooms with Multiplex. The deployment will be for the Centre for National Resilience Perth, located in Bullsbrook, Western Australia, and is a project led by the Australian Government in partnership with the Western Australian Government.

The securities of DXN Limited will be suspended from quotation from the commencement of trading on Monday, 24 January 2022 under Listing under Listing Rule 17.2, at the request of DXN, pending the release of an announcement by the Company in relation to a price query

The suspension of trading in the securities of DXN Limited will be lifted immediately, following the release by DXN of an announcement regarding a capital raising.

The company releases a notice of Proposed issue of Securities - DXN.

DXN announces a fully underwritten non-renounceable entitlement issue to raise $5.9m to fund the acquisition of assets of Data Centre 3 Pty Ltd in Hobart, Tasmania and other activities including product manufacturing, working capital and data centre marketing. Entitlement Issue will be offered on 13 new Shares for every 10 Shares held, at an Issue Price of $0.01 per Share to raise $5.9 million, with 1 Option for every 1 Share subscribed for and issued (3 year term, $0.02 exercise price). Supported by institutional and sophisticated investors, including SG Hiscock & Company who has agreed to priority sub-underwrite approximately $556,000 of the Offer. CEO and other executives have agreed to act as priority sub-underwriters for $95,000. The commercial appeal of the acquisition of Data Centre 3 Pty Ltd's assets in Hobart, Tasmania, remains unchanged and the Company is committed to the acquisition - FY19 revenue of approximately $860,000 and EBITDA of approximately $450,000. ANZ banking facility renegotiated - principal and interest holiday for 6 months, saving $140k/month. DXN is aiming to refinance to a more favourable facility and release $2.0m restricted cash for additional working capital. Board recently reduced to 3 Directors, significantly reducing Board fees. DXN is confident data centre tailwinds will result in growth in shareholder value.

The company releases its constitution.

The company releases the Results of Meeting.

The securities of DXN Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of DXN, pending the release of an announcement regarding a capital raising.

name changed from The Data Exchange Network Limited