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Aeon Metals Limited (ASX:AML)

ALERT: Price-sensitive ASX Announcement for AML
Current share price for AML : $0.005 0 (0%)+
Announcement
Release
26 Jul 2024 3:34PM
Price at Release
$0.005
Full Release
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Summary
On 26 July 2024, the Board of Directors of Aeon Metals Limited appointed Ben Campbell, Kathryn Evans, and Vaughan Strawbridge of FTI Consulting as Joint and Several Voluntary Administrators under Section 436A of the Corporations Act 2001. The administrators are tasked with operating the businesses within the group while assessing possible restructuring options. The group includes several subsidiaries such as Aussie NQ Resources Pty Ltd, Aeon Walford Creek Ltd, Aeon Isa Exploration Pty Ltd, Aeon Monto Exploration Pty Ltd, and Aeon Walford Exploration Pty Ltd.
Key Points
  • Appointment of Ben Campbell, Kathryn Evans, and Vaughan Strawbridge as Joint and Several Voluntary Administrators.
  • Administrators are from FTI Consulting.
  • Administrators were appointed by the Board of Directors on 26 July 2024.
  • The appointment was made pursuant to Section 436A of the Corporations Act 2001.
  • Voluntary Administrators are assessing possible restructuring options.
  • The group of companies includes Aussie NQ Resources Pty Ltd, Aeon Walford Creek Ltd, Aeon Isa Exploration Pty Ltd, Aeon Monto Exploration Pty Ltd, and Aeon Walford Exploration Pty Ltd.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.