Termination of Scheme and Extension to Suspension
Filed with ASX · · 2 pages · English
Summary by 6ix AI
Mithril Silver and Gold Limited has announced the termination of its Scheme Implementation Deed with Newrange Gold Corp. due to Newrange's inability to raise necessary funds before a court hearing. The termination is considered to be in the best interests of Mithril's shareholders, allowing the company to explore alternative strategic opportunities. Mithril has requested a voluntary suspension of its securities to assess the impact of this termination and to conduct a strategic review. The suspension is expected to last until early December, pending the outcome of the review.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Watch Mithril Silver and Gold's latest callMithril Silver & Gold: Copalquin Project Update · Replay · Jun 30Read the transcript of Mithril Silver & Gold: Copalquin Project UpdateMithril Silver and Gold Limited on 6ix
Story so far
Earlier from Mithril Silver and Gold
- Voluntary Suspension from Quotation
- Adjournment of second court hearing
- Results of Scheme Meetings
- Scheme meeting date postponed
- Scheme Booklet registered by ASIC
Later from Mithril Silver and Gold
- Suspension from Quotation by ASX
- Mithril Completes $700,000 Convertible Note Raise
- Quarterly Activities Report and Appendix 5B
- Mithril Completes $4.03M Placement and Additional Note Raise
- Consolidation/Split - MTH
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