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Newzulu Limited Given Additional Time To Finalise Raising

Newzulu Limited (AS:NWZ) has been granted additional time to finalise a raising, in the form of a voluntary suspension.

The company said that it estimates that it will be able to lodge an announcement before open of trade on Monday, 21 December 2015.

Recently Newzulu signed an agreement with ABC News to use the company's crowd sourcing technology.

The agreement provides technical and commercial validation of Newzulu's technology, platform and content.

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.