WPG wpg resources ltd
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July 30 (Reuters) - Wpg Resources Ltd (WPG) : REFERS TO...

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    30/07/18
    16:30
    Post #: 34628868

    July 30 (Reuters) - Wpg Resources Ltd (WPG) :

    • REFERS TO ANNOUNCEMENTS REGARDING RESTRUCTURING OF CO AND ITS UNITS
    • CO CAN NO LONGER MEET CONDITIONS IN TERM SHEET IT ENTERED WITH BYRNECUT ENTITIES PREVIOUSLY DISCLOSED
    • "DIRECTORS HAVE RESOLVED THAT COMPANY IS INSOLVENT OR IS LIKELY TO BECOME INSOLVENT AT SOME FUTURE TIME"
    • APPOINTED ADAM NIKITINS, BRETT LORD AND SAMUEL FREEMAN OF ERNST & YOUNG AS JOINT AND SEVERAL ADMINISTRATORS
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