Lithium

44.97

0.87%

Gold

2,709.90

0.83%

Copper

4.07

(0.07%)

Oil

71.24

1.51%

Bitcoin

98,046.91

(0.97%)

FTSE 100

8,262.10

1.38%

Nikkei 225

38,283.85

0.36%

Dow Jones

44,296.51

0.97%

Iron Ore

100.20

(1.77%)

USD/AUD

0.65

Hang Seng

19,229.97

(1.96%)

Lithium

44.97

0.87%

Gold

2,709.90

0.83%

Copper

4.07

(0.07%)

Oil

71.24

1.51%

Bitcoin

98,046.91

(0.97%)

FTSE 100

8,262.10

1.38%

Nikkei 225

38,283.85

0.36%

Dow Jones

44,296.51

0.97%

Iron Ore

100.20

(1.77%)

USD/AUD

0.65

Hang Seng

19,229.97

(1.96%)

Lithium

44.97

0.87%

Gold

2,709.90

0.83%

Copper

4.07

(0.07%)

Oil

71.24

1.51%

Bitcoin

98,046.91

(0.97%)

FTSE 100

8,262.10

1.38%

Nikkei 225

38,283.85

0.36%

Dow Jones

44,296.51

0.97%

Iron Ore

100.20

(1.77%)

USD/AUD

0.65

Hang Seng

19,229.97

(1.96%)

Lithium

44.97

0.87%

Gold

2,709.90

0.83%

Copper

4.07

(0.07%)

Oil

71.24

1.51%

Bitcoin

98,046.91

(0.97%)

FTSE 100

8,262.10

1.38%

Nikkei 225

38,283.85

0.36%

Dow Jones

44,296.51

0.97%

Iron Ore

100.20

(1.77%)

USD/AUD

0.65

Hang Seng

19,229.97

(1.96%)

Lithium

44.97

0.87%

Gold

2,709.90

0.83%

Copper

4.07

(0.07%)

Oil

71.24

1.51%

Bitcoin

98,046.91

(0.97%)

FTSE 100

8,262.10

1.38%

Nikkei 225

38,283.85

0.36%

Dow Jones

44,296.51

0.97%

Iron Ore

100.20

(1.77%)

USD/AUD

0.65

Hang Seng

19,229.97

(1.96%)

Lithium

44.97

0.87%

Gold

2,709.90

0.83%

Copper

4.07

(0.07%)

Oil

71.24

1.51%

Bitcoin

98,046.91

(0.97%)

FTSE 100

8,262.10

1.38%

Nikkei 225

38,283.85

0.36%

Dow Jones

44,296.51

0.97%

Iron Ore

100.20

(1.77%)

USD/AUD

0.65

Hang Seng

19,229.97

(1.96%)

Lithium

44.97

0.87%

Gold

2,709.90

0.83%

Copper

4.07

(0.07%)

Oil

71.24

1.51%

Bitcoin

98,046.91

(0.97%)

FTSE 100

8,262.10

1.38%

Nikkei 225

38,283.85

0.36%

Dow Jones

44,296.51

0.97%

Iron Ore

100.20

(1.77%)

USD/AUD

0.65

Hang Seng

19,229.97

(1.96%)

Lithium

44.97

0.87%

Gold

2,709.90

0.83%

Copper

4.07

(0.07%)

Oil

71.24

1.51%

Bitcoin

98,046.91

(0.97%)

FTSE 100

8,262.10

1.38%

Nikkei 225

38,283.85

0.36%

Dow Jones

44,296.51

0.97%

Iron Ore

100.20

(1.77%)

USD/AUD

0.65

Hang Seng

19,229.97

(1.96%)

Lithium

44.97

0.87%

Gold

2,709.90

0.83%

Copper

4.07

(0.07%)

Oil

71.24

1.51%

Bitcoin

98,046.91

(0.97%)

FTSE 100

8,262.10

1.38%

Nikkei 225

38,283.85

0.36%

Dow Jones

44,296.51

0.97%

Iron Ore

100.20

(1.77%)

USD/AUD

0.65

Hang Seng

19,229.97

(1.96%)

Lithium

44.97

0.87%

Gold

2,709.90

0.83%

Copper

4.07

(0.07%)

Oil

71.24

1.51%

Bitcoin

98,046.91

(0.97%)

FTSE 100

8,262.10

1.38%

Nikkei 225

38,283.85

0.36%

Dow Jones

44,296.51

0.97%

Iron Ore

100.20

(1.77%)

USD/AUD

0.65

Hang Seng

19,229.97

(1.96%)

Lithium

44.97

0.87%

Gold

2,709.90

0.83%

Copper

4.07

(0.07%)

Oil

71.24

1.51%

Bitcoin

98,046.91

(0.97%)

FTSE 100

8,262.10

1.38%

Nikkei 225

38,283.85

0.36%

Dow Jones

44,296.51

0.97%

Iron Ore

100.20

(1.77%)

USD/AUD

0.65

Hang Seng

19,229.97

(1.96%)

Lithium

44.97

0.87%

Gold

2,709.90

0.83%

Copper

4.07

(0.07%)

Oil

71.24

1.51%

Bitcoin

98,046.91

(0.97%)

FTSE 100

8,262.10

1.38%

Nikkei 225

38,283.85

0.36%

Dow Jones

44,296.51

0.97%

Iron Ore

100.20

(1.77%)

USD/AUD

0.65

Hang Seng

19,229.97

(1.96%)

Lithium

44.97

0.87%

Gold

2,709.90

0.83%

Copper

4.07

(0.07%)

Oil

71.24

1.51%

Bitcoin

98,046.91

(0.97%)

FTSE 100

8,262.10

1.38%

Nikkei 225

38,283.85

0.36%

Dow Jones

44,296.51

0.97%

Iron Ore

100.20

(1.77%)

USD/AUD

0.65

Hang Seng

19,229.97

(1.96%)

Lithium

44.97

0.87%

Gold

2,709.90

0.83%

Copper

4.07

(0.07%)

Oil

71.24

1.51%

Bitcoin

98,046.91

(0.97%)

FTSE 100

8,262.10

1.38%

Nikkei 225

38,283.85

0.36%

Dow Jones

44,296.51

0.97%

Iron Ore

100.20

(1.77%)

USD/AUD

0.65

Hang Seng

19,229.97

(1.96%)

Lithium

44.97

0.87%

Gold

2,709.90

0.83%

Copper

4.07

(0.07%)

Oil

71.24

1.51%

Bitcoin

98,046.91

(0.97%)

FTSE 100

8,262.10

1.38%

Nikkei 225

38,283.85

0.36%

Dow Jones

44,296.51

0.97%

Iron Ore

100.20

(1.77%)

USD/AUD

0.65

Hang Seng

19,229.97

(1.96%)

Lithium

44.97

0.87%

Gold

2,709.90

0.83%

Copper

4.07

(0.07%)

Oil

71.24

1.51%

Bitcoin

98,046.91

(0.97%)

FTSE 100

8,262.10

1.38%

Nikkei 225

38,283.85

0.36%

Dow Jones

44,296.51

0.97%

Iron Ore

100.20

(1.77%)

USD/AUD

0.65

Hang Seng

19,229.97

(1.96%)

Lithium

44.97

0.87%

Gold

2,709.90

0.83%

Copper

4.07

(0.07%)

Oil

71.24

1.51%

Bitcoin

98,046.91

(0.97%)

FTSE 100

8,262.10

1.38%

Nikkei 225

38,283.85

0.36%

Dow Jones

44,296.51

0.97%

Iron Ore

100.20

(1.77%)

USD/AUD

0.65

Hang Seng

19,229.97

(1.96%)

Lithium

44.97

0.87%

Gold

2,709.90

0.83%

Copper

4.07

(0.07%)

Oil

71.24

1.51%

Bitcoin

98,046.91

(0.97%)

FTSE 100

8,262.10

1.38%

Nikkei 225

38,283.85

0.36%

Dow Jones

44,296.51

0.97%

Iron Ore

100.20

(1.77%)

USD/AUD

0.65

Hang Seng

19,229.97

(1.96%)

Lithium

44.97

0.87%

Gold

2,709.90

0.83%

Copper

4.07

(0.07%)

Oil

71.24

1.51%

Bitcoin

98,046.91

(0.97%)

FTSE 100

8,262.10

1.38%

Nikkei 225

38,283.85

0.36%

Dow Jones

44,296.51

0.97%

Iron Ore

100.20

(1.77%)

USD/AUD

0.65

Hang Seng

19,229.97

(1.96%)

Lithium

44.97

0.87%

Gold

2,709.90

0.83%

Copper

4.07

(0.07%)

Oil

71.24

1.51%

Bitcoin

98,046.91

(0.97%)

FTSE 100

8,262.10

1.38%

Nikkei 225

38,283.85

0.36%

Dow Jones

44,296.51

0.97%

Iron Ore

100.20

(1.77%)

USD/AUD

0.65

Hang Seng

19,229.97

(1.96%)

Austral Resources Australia (ASX: $ARI) appoints receivers for secured debt

May 3, 2024
Author: Stock Piper

Austral Resources Australia's Receivership Announcement

Austral Resources Australia Ltd (ASX: $ARI) has announced that Win Finance No. 359 Pty Ltd. (Wingate) has appointed joint and several receivers and managers from Deloitte to handle a secured debt owed by Austral Operations. The appointed receivers are Sean Holmes, Jason Tracy, and Grant Sparks.

Executive Commentary on Receivership

Austral will continue to engage in constructive negotiations with the appointed Receivers and other stakeholders. The Company is committed to keeping the market informed of any developments as necessary.

Summary of Austral Resources Australia's Announcement

Austral Resources Australia Ltd (ASX: $ARI) has been subjected to the appointment of joint and several receivers and managers from Deloitte by Wingate, in relation to a secured debt owed by Austral Operations. The Company will continue to engage with the Receivers and other stakeholders, and will provide updates to the market as required. Austral Resources Australia remains focused on managing this situation and maintaining transparency with its shareholders and the market.

AUSTRAL RESOURCES AUSTRALIA LTD

AR1 | ASX | Materials

0.160(+0%)

At close 22/11 (AEDT)

Market cap

Volume

DY Yield

PE Ratio

52 Week Range

1YR Return

N / A