IDC 0.00% 0.0¢ indochine mining limited

Indochine Mining Limited (Administrators Appointed) ACN 141 677...

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    Indochine Mining Limited (Administrators Appointed)
    ACN 141 677 385 (the Company)
    I refer to the appointment of Darren Weaver, Ben Johnson and myself as Joint and Several
    Administrators of the Company on 27 March 2015 pursuant to section 436A of the
    Corporations Act 2001 (the Act).
    I advise that at the second meeting of creditors of the Company held in the offices of Ferrier
    Hodgson on 13 May 2015 at 11:00am WST, creditors passed a resolution by way of a poll,
    with majority in both number and dollar value of creditor claims, requiring the Company to
    execute a Deed of Company Arrangement (DOCA) as proposed by Kandahar Holdings Pty
    Ltd pursuant to Part 5.3A of the Act.
    In the interim, we will continue to work with the secured creditor with regard to its funding on
    the PNG operations and with a view to a renewal of EL1093.
    The minutes of the meeting will be available as soon as practicable and will be available
    from the Australian Securities and Investments Commission.
    Yours faithfully
    Indochine Mining Limited
 
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Currently unlisted public company.

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