May 11 (Reuters) - Australian Mines Ltd (AUZ) :
- ASIC PROCEEDINGS
- RECEIVED PROCEEDINGS FILED BY ASIC IN COURT AGAINST CO AND ITS MANAGING DIRECTOR
- ASIC ALLEGES CO FAILED TO INFORM MARKET OF MATERIAL INFORMATION CONCERNING VALUE & FUNDING OF SCONI PROJECT & OFFTAKE DEAL
- PROCEEDINGS FOCUS ON ANNOUNCEMENTS BY CO BETWEEN 19 FEB & 27 JUNE REGARDING SCONI PROJECT & CETRTAIN OTHER OFFTAKE AGREEMENTS
- COMPANY INTENDS TO DEFEND PROCEEDINGS
- ORIGINATING PROCESS CLAIMS A DISQUALIFICATION ORDER AGAINST MANAGING DIRECTOR
News: AUZ Australian Mines Says Proceedings Filed By ASIC Against Co & Its Managing Director
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