PIXIE GROUP LIMITED (ASX.PEG)

this company apparently operated as Pixie Group Limited notwithstanding that its name change from Zingmobile Group Limited had not been registered with ASIC

delisted from the close of trading on Monday, 18 December 2017 pursuant to Listing rule 17.12.

we understand ASX delisted the company because it no longer had a level of operations and its financial state was no longer adequate to warrant a listing, its failure to lodge acceptable financial statements and provide satisfactory answers to ASX queries

The company makes a correction on the 5 December 2017 announcement. An error in the announcement incorrectly stated the date of the release of escrow as 19 December 2017. The correct date for the release of escrow is 22 December 2017.

414,100,000 fully paid CDIs currently held under ASX escrow will be released on 19 December 2017. These restricted securities were previously unquoted and subject to ASX escrow restrictions for a period of 24 months.

The board is not satisfied with the due diligence review conducted on Mineral Bull. It has then decided not to proceed with the possible acquisition. Pixie will continue to look into assets and businesses that could potentially be brought in as part of the company to establish more sustainable sources of income.

The company lodges its Appendix 4C Quarterly report.

The company issues a response to ASX query letter.

Under listing rule 17.6, any entity (if not already suspended) that had not paid its annual listing fees by close of business on Monday 21 August 2017 will have its securities suspended from official quotation before the commencement of trading on Tuesday 22 August 2017. The company has failed to pay to ASX Limited the annual listing fees in respect of the year ending 30 June 2018 and consequently will have its securities suspended from quotation immediately.

The company lodges its Appendix 4C quarterly report.

The company has issued 26,702,710 shares of PEG to Mr. Paul Godbold for part settlement of the judgment debt. With the shares issued today, the cash balance will be paid to Mr. Godbold in June to complete the settlement.

The group's entertainment arm, Pixie Entertainment Group, has been awarded 3 management services and consulting contracts totaling approximately S$1.56 million of revenue over the 2-year term. The contracts were awarded by Club 989 Pte Ltd, Dixie's Pub and Zenith Neverland Sdn Bhd on a 2-year term.

The company lodges its Appendix 4C quarterly report.

The company successfully completed an AUD 100,000 capital raising. The Placement was undertaken to increase the funds available for investments in new business and to settle outstanding debts. The Placement was managed by V Capital Investments Limited. The Placement is part of the proposed 2 billion shares issue approved in the EGM held on 18 May 2017.

In regard the proposed acquisition of Mineral Bull, the discussions and negotiations are continuing, and Pixie is still in the due diligence stage of the proposed transaction. The longer than expected time for conducting due diligence was due to the complex regulatory environment of Indonesia, as this project involves the extraction and exportation of natural resources. Pixie is taking a cautious approach to the transaction, to ensure that risks to shareholders are minimised.

The company releases the results of its meeting.

An Extraordinary General Meeting of the Company will be held at 144 NEIL ROAD SINGAPORE 088873 on Thursday 18 May 2017 at 10 a.m. (Singapore Time)

The company lodges its Appendix 4E and Preliminary Final Report.

Pixie Group Limited regretfully announces the termination of the planned openings of Tonino Lamborghini Clubs across the Asia Pacific regions, and of the previously announced proposed acquisition of majority equity interest in Pixie Group Hong Kong Limited, in a collaborative venture. Pixie's decision to shelve this collaborative venture came after Pixie failed to raise the required cash to fund the project. Investors who had earlier expressed interest in the project have been informed of this decision.

The company will be changing its financial balance date to 31 March from its previous balance date of 31 December. The Company is in the process of completing the 31 December 2016 accounts. Once completed, the Appendix 4F will be lodged.

The company provides a response to 4C Query.

The company has entered into a memorandum of understanding to acquire 100% of Mineral Bull. Pixie is conducting due diligence on the asset. The acquisition is subject to execution of a definitive purchase agreement with all of the shareholders of Mineral Bull. At this stage, there is no assurance that definitive agreements will be executed or that the acquisition will complete. Pixie expects that a capital raising of at least A$5 million would be conducted in conjunction with the acquisition of Mineral Bull and the re-admission of the company to ASX.

The securities of Pixie Group Limited will be suspended from quotation immediately, pending the release of an announcement to the market in relation to a proposed acquisition.

The securities of Pixie Group Limited (formerly Zingmobile Group Limited) (the "Company") will be reinstated to official quotation from the commencement of trading on Monday 21 December 2015, following the Company's compliance with listing rule 11.1.3 and Chapters 1 and 2 of the ASX Listing Rules. Security Code: PEG

name changed from Zingmobile Group Limited