Company Update – Receipt of Additional Funds

Company Update – Receipt of Additional Funds

Challenger Acquisitions Limited (LSE: CHAL) announces that it has received a further US$50,750 (US$50,000 principal plus interest) pursuant to an agreement with the developers of the wheel project in Dallas, Texas to sell its US$300,000 investment in this project back to the Developers. This is the fifth of six scheduled payments.

A copy of the announcement can be downloaded HERE