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8.2¢ alita resources limited

C&M... nice.Just for the duration of the administration process,...

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charlesn

3,841 Posts.

1316

10/09/19

19:19

Post #: 40370964
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Originally posted by UY Scuti: ↑

More details on SGX:

Re-Designation of Director from Executive Director - Operations to Non-Executive Non-Independent Director

Mr Turner's employment was terminated by Receivers and Managers following their appointment as part of the workforce reduction program, following the decision by the Receivers and Managers to place the Company's mining operations on care and maintenance.

Mr Turner has a deemed interest in 600,000 ordinary shares in the Company (representing 0.04% interest) though his spouse and direct interest in 964,915 unlisted Performance Rights and 9,000,000 unlisted Options, with 964,915 and 9,000,000 ordinary shares underlying these securities respectively

Ref: https://links.sgx.com/1.0.0/corporate-announcements/EKEOTVJ0VC0FENZ0/792451cbe3580c1f86eabf946bc48cd9baf03fc0514b64258d01c89f300ee418

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C&M... nice.
Just for the duration of the administration process, or following on from the current process I wonder?

Happy to see assets stay in our hands and locked down in C&M till things settle.

Cut Calderwood lose for additional savings could help as well

Last edited by charlesn: 10/09/19

A40 Price at posting: 8.2¢ Sentiment: None Disclosure: Held
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