Update re ASX Suspension
20 Marzo 2009 - 8:00AM
UK Regulatory
TIDMMVH
RNS Number : 1794P
Medic Vision Limited
20 March 2009
Medic Vision Limited
("Medic Vision" or the "Company")
Further update re capital raising and financial condition
Medic Vision (ASX/AIM: MVH) announces an update on its capital raising and
the Company's financial condition following its suspension from ASX official
quotation on 4 March 2009.
The suspension was imposed by the ASX, in accordance with listing rule 12.2,
pending the release of additional information and clarification concerning the
Company's financial condition, as reported in its half year financial statements
to 31 December 2008.
Medic Vision advises that it wishes to seek an extension of time to finalise the
capital raising, in order to provide the necessary additional information
required by the ASX to clarify the Company's financial condition and to achieve
the reinstatement of the quotation of the Company's securities on the official
list of the ASX.
In making this request, the directors of Medic Vision are mindful of their
obligation to ensure that the Company is in compliance with listing rule 3.1.
A further announcement will be made as and when appropriate.
For further information contact:
+----------------------------------------------+------------------------------------+
| Ross Horley | Tel: +61 3 8508 8288 |
| Managing Director | Mob: +61 400 209 899 |
| Medic Vision | |
+----------------------------------------------+------------------------------------+
| Stuart Faulkner / Victoria Milne-Taylor | Tel: +44 20 7409 3494 |
| Strand Partners Limited | |
+----------------------------------------------+------------------------------------+
| Ruari McGirr | Tel: +44 20 7628 5582 |
| St Helen's Capital Plc | |
+----------------------------------------------+------------------------------------+
Background on Medic Vision Limited
Medic Vision is a technology based company specialising in the application of
technology for surgical and medical skills training. Medic Vision provides
consulting services in the development of skills training centres as well as
developing and deploying computer-based surgical and medical high fidelity
simulators.
See www.medicvision.com.au for more details
This information is provided by RNS
The company news service from the London Stock Exchange
END
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