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0.00% 0.7¢ matrix metals limited

Don't know if this was ever posted on this thread...May 06, 2009...

  1. Zia
    4,156 Posts.
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    02/11/09
    13:39
    Post #: 5862434
    Don't know if this was ever posted on this thread...

    May 06, 2009 (The West Australian - ABIX via COMTEX) --

    MTXMF out-of-court settlement has been struck on the failed Matrix Metals's assets by Ernst & Young and Deloitte, the administrator and receiver respectively. The main issue in the dispute was who should have the rights to a copper stockpile worth $A16m. The deal means unsecured creditors such as Independence Group will see an outcome to the receivership much earlier.

    http://www.tradingmarkets.com/.site/news/Stock%20News/2313156/
    MRX Price at posting: 2.3¢ Sentiment: Hold Disclosure: Held
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