TBA tombola gold ltd
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News: TBA Tombola Gold Annnounces Appointment Of Voluntary Administrators

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    15/05/23
    16:55
    Post #: 67783102

    May 15 (Reuters) - Tombola Gold Ltd (TBA) :

    • APPOINTMENT OF VOLUNTARY ADMINISTRATORS
    • ADMINISTRATORS WILL BE REQUESTING THAT CO'S SHARES ON ASX REMAIN SUSPENDED DURING ADMINISTRATION PERIOD
    • CO'S CURRENT SITUATION HAS LARGELY BEEN PRECIPITATED BY POOR OPERATIONAL AND FINANCIAL RESULTS ENCOUNTERED VIA GAM PLANT
    • AGREED PATH FORWARD REGARDING A POTENTIAL REFINANCE OF DEBT FACILITY HAS FAILED TO EMERGE
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