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News: KRM Kingsrose Mining updates on ongoing restructuring process

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    14/12/16
    21:12
    Post #: 21344504

    Dec 14 (Reuters) - Kingsrose Mining Ltd (KRM) :

    • Kingsrose appoints voluntary administrator as part of ongoing restructuring process
    • Resolved to appoint michael ryan and ian francis of fti consulting as voluntary administrators
    • talang santo mine will be placed on care & maintenance to allow administrators to independently investigate affairs of co
    • co's 85% owned unit pt natarang mining to begin process to apply for pkpu (suspension of debt payment obligations) in indonesia
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