ADQ adg global supply limited.
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News: ADG Global Supply in negotiations with major client

  1. Proactive
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    08/12/14
    11:40
    Post #: 14425439

    ADG Global Supply (ASX:ADQ) has been granted an ASX trading halt pending outcomes of negotiations with a major client.

    The halt will last until the earlier of the announcement being made or the start of trade on Wednesday, 10 December 2014.

    Earlier this month, its client African Minerals Limited (LON:AMI) placed their Tonkolili mine operations on care and maintenance.

    AML currently owes ADG Global US$1.5 million with US$1.2 million beyond standard payment terms.

    The company noted it was in negotiations to resolve this overdue debt.

     

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