Altura Mining Limited (‘AJM’): Your Report of MisconductASX...

Altura Mining Limited (‘AJM’): Your Report of Misconduct

ASX refers to your email of 31 August 2020 raising concerns about AJM’s ongoing suspension.

ASX would like to thank you for making the time and effort to bring these matters to its attention. These types of communications are an important source of intelligence for ASX in performing its role of monitoring and enforcing compliance with the ASX Listing Rules.

By way of background, we note that:

•  AJM requested a voluntary suspension on 12 August 2020 in order to finalise proposed changes to its current financing arrangements.

•  On 25 August 2020, AJM released an update on its Loan Note Facility, and advised that its securities would remain suspended pending a further update on the restructure of its debt arrangements. AJM also confirmed that it would advise the market as further information became available.

  While ASX cannot cause a suspended entity to comply with the Listing Rules, please rest assured that AJM will need to satisfy ASX that it is so compliant before its securities will be reinstated to official quotation.

  Once again, we would like to thank you for taking the time and effort to bring these matters to our attention. Yours sincerely

  Stephanie Patchell

  Adviser, Listings Compliance (Perth)