THRED LIMITED (THD)

name changed to PVW Resources Limited

The company releases its Appendix 2A.

The company lodges its Quarterly Activitites Report and Appendix 4C.

The Company has now received ASX's conditional approval for re-admission to the Official List. All key conditions precedent for the acquisition of the PVW Resources NL have now been satisfied and the Company will now proceed to complete the acquisition of PVW and satisfy ASX's conditions for re-admission and re-quotation of the Company's securities. The Company expects that re-admission will occur during the February 2021.

Thred has varied the offer (off-market takeover bid for PVW Resources) by extending the closing date of the offer until 5:00pm (WST) on 29 January 2021. The new date for giving the status of conditions under the offer is 22 January 2021. The minimum acceptance condition has been satisfied. The company has received acceptances from PVW shareholders representing 98.8% of the issued capital of PVW. The publif offer to raisse up to $4,500,000 under the 7 December 2020 prospectus closed fully subscribed as of 15 January 2021.

The company releases an updated notice on the consolidation of its securities. Approval was received at the AGM dated 29 December 2020 and there's a fractional adjustment due to rounding.

The company releases an updated notice on its Proposed issue of Securities - THD.

Thred has varied the offer by extending the closing date of the offer until 5:00pm (WST) on 22 January 2021. The new date for giving notice of status of conditions under the offer is 15 January 2021.

we understand that on or about this date the company consolidated its shares 1 for 75

The company releases the results of its meeting.

The company updates the timetable for the consolidation of its securities.

The company releases an updated notice of proposed issue of securities.

The new date for security holder approval for the consolidation of the company's securities is December 29, 2020.

The company releases a supplementary bidder's statement in relation to Thred's off-market takeover bid for all the ordinary shares in the capital of PVW Resources on issue at 8 December 2020.

The company releases a supplementary prospectus to be read in conjunction with the 4 December 2020 prospectus.

The company releases a Letter to Shareholders regarding the 2nd Addendum to AGM.

The company releases a second addendum to notice of AGM.

The company releases a corporate presentation.

The company has lodged with ASIC a bidder's statement in relation to its off-market bid for all the shares of PVW Resources NL.

The company issues a prospectus for the offer of 12,500,000 shares at an issue price of $0.20 each to raise $2,500,000.

The company releases a Letter to Shareholders about its upcoming Annual General Meeting.

The company releases an addendum to its notice of AGM which will be held at the offices of Blackwall Legal, Level 26, 140 Georges Terrace Perth WA on 22 December 2020 at 11.00am WST.

The company provides an update on the consolidation of its securities with corrections to scrip fraction rounding and amendment to the consolidation timetable to comply with Appendix 7A.

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

The company releases a notice of consolidation/split. Shareholders will get 1 share for every 75 presently owned.

Due to an administrative error, the company failed to notify the ASX of the expiry of certain unlisted options as follows: 20,000,000 (Exercise price of $0.05 expired 28 February 2020); 9,500,000 (Exercise price of $0.02 expired 9 May 2020); 20,000,000 (Exercise price of $0.05 expired 9 May 2020).

Thred and PVW have today entered into a binding bid implementation agreement whereby Thred has agreed to make an off-market takeover offer in accordance with Chapter 6 of the Corporations Act to acquire 100% of the issued capital of PVW. Under the Offers, PVW shareholders will be entitled to receive one (1) Thred share for every approx. 3.51 PVW shares. If Thred acquires 100% of PVW's issued capital, the PVW shareholders will hold 39.7% of Thred's issued capital. The Offers are expected to close in January 2021 with Thred's securities to be reinstated to trading in early February 2021.

General Meeting to be held at the offices of Blackwall Legal, Level 26, 140 St Georges Terrace Perth WA on Tuesday, 22 December 2020 at 11.00am WST.

The company releases its AGM Letter to Shareholders.

The company lodges its Quarterly Activities Report & Appendix 4C.

In relation to the proposed transaction previously announced, the company has determined that it will not seek a 2-cent waiver and will issue shares under the proposed public offer at $0.20 per share. The company and PVW have agreed to the required changes to the consolidation ration and the capital structure.

The company's AGM will be held on or about 11 December 2020. The closing date for the receipt of nominations from persons wishing to be considered for election as a director is 23 October 2020.

Thred to acquire three highly-prospective gold exploration projects in Western Australia through the acquisition of PVW Resources NL. CPS Capital, corporate advisor to the Proposed Acquisition, engaged to lead manage a capital raising of $2.5 million.

The company lodges its Quarterly Activities Report & Appendix 4C.

The company has acquired former subsidiary AR Technologies, the owner of the Sweep Business. Thred has not received any payment for the Business Sale or any repayments under the Loan Facility. In order to avoid a formal enforcement process under the general security deed, Thred offered to purchase the 80% of ARTech that it did not own for $1 in aggregate. The unrelated ARTech shareholders have accepted that offer. This matter is now complete and the 100% ownership of ARTech (and the Sweep business) has been transferred back to Thred. The Thred directors will now review the Sweep Business with a view to identifying potential purchasers.

The company lodges its Quarterly Activities Report.

The company lodges its Appendix 4C - quarterly.

The audit of its financial statements for the year ending 31 December 2019 continues to be delayed, owing to difficulties in verifying certain records as part of the audit process. These delays appear to have arisen in part due to complexities in the audit verification of the company's financial reporting system and further as a result of restrictions imposed by Chinese financial institutions in consideration of COVID-19.

The company lodges its Half Yearly Report and Accounts.

The company lodges an Appendix 4C - quarterly.

The company releases the results of its meeting.

The company lodges its Appendix 4C - quarterly.

The company's AGM will be held at 10.00am (AWST) on 25 November 2019 at the offices of Blackwall Legal Level 26, 140 St Georges Terrace, Perth, Western Australia.

The securities of Thred Limited will be suspended from quotation immediately in accordance with Listing Rule 17.3, as ASX has determined that THD's operations are not adequate to warrant the continued quotation of its securities and therefore it is in breach of Listing Rule 12.1. The suspension will continue until THD is able to demonstrate compliance with Listing Rule 12.1 of the Listing Rules.

The suspension of trading in the securities of Thred Limited will be lifted immediately following receipt of an announcement.

The company has completed arrangements for a $3.1 million capital raising by way of a fully underwritten 1 for 5 Rights Issue.

The company requests that the ASX extend the current suspension of its securities pending the release of the announcement previously referred to regarding a proposed capital raising. The company expects to be in a position to make said announcement by the commencement of trading on Tuesday 6 December.

The securities of Thred Limited will be suspended from official quotation immediately at the request of the Company, pending the release of an announcement.

name changed from Promesa Limited