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News: GXY Alita Resources Updates On Deeds Of Company Arrangement Executed By Co & 2 Others

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    24/03/21
    19:10
    Post #: 52014505

    March 24 (Reuters) - Alita Resources Ltd (A40) :

    • UPDATES ON DEEDS OF COMPANY ARRANGEMENT EXECUTED BY CO, TAWANA RESOURCES & LITHCO NO. 2 PTY LTD
    • PARTIES INCLUDING LITHIUM INVESTMENTS (WA) & GALAXY RESOURCES AGREED SETTLEMENT ON TERMS
    • UNDER SETTLEMENT, ALL PROCEEDINGS WERE DISMISSED ON 19 MAR, WITH NO ORDER AS TO COSTS
    • RECEIVERS, AND DEED ADMINISTRATORS, REMAIN APPOINTED TO ALITA PENDING EFFECTUATION OF PARENT DOCA
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