The Administrators refer to our previous announcement dated 24 February 2015 advising of the assignment of Company's secured debt from Sprott Resource Lending Partnership to Hamilton Place Associates LLC. Further to that assignment, the Administrators advise that on 23 March 2015, HPA made an application to the Federal Court of Australia seeking [...]
Perth, Western Australia: Lachlan Star Ltd. ACN 000 759 535. Chairman of the Board/Company Director Resignation. Lachlan Star advises of the resignation of Mr Peter Babin as Chairman of the Board/Non-Executive Director of the Company, effective 18 March 2015.
Gold miner, Lachlan Star Ltd. filed the following announcement with the ASX today; Notification of Extension of Convening Period: The Administrators wish to advise that, as contemplated at the first meeting of the Company's creditors held on 25 February 2015, they have sought and obtained orders from Master Sanderson in the Supreme Court of Western [...]
Gold mine Lachlan wishes to advise the following; The Administrators refer to the Company's announcement of 13 February 2015 and provide the following update with respect to the Company: Request for relief from financial reporting obligations. The Administrators have today notified ASIC that they intend to rely on class order relief with respect to [...]
DELISTING REVIEW - Lachlan Star Ltd. – TSX is reviewing the Ordinary Shares (Symbol: LSA) of the Company with respect to meeting the requirements for continued listing pursuant to the Expedited Review Process. The Ordinary Shares are suspended from trading immediately.
Lachlan Star wishes to advise that earlier today they resolved to appoint Mr. Matthew Woods and Mr. Hayden White of KPMG as joint and several Administrators of the Company. As announced to the market on 6 February 2015, the Board had been considering a proposal from Hamilton Place Associates LLC ("HPA") for an acquisition of 100% of the shares in [...]
Gold miner, Lachlan Star wishes to advise that, further to its December Quarterly Report released to the market on 2 February 2015, it received a draft of a "Gold Purchase and Sale Agreement" from Hamilton Place Associates through which HPA would provide the working capital facility referred to in the Quarterly Report. This draft was withdrawn [...]
Gold miner, Lachlan Star Limited is pleased to provide the following quarterly report for the period ending 31 December 2014. Zero LTA during the quarter. Zero environmental incidents. Total cost of tonnes stacked of US$15.14/tonne of ore and a 0.3% reduction over the previous quarter. C1 Cash Cost of US$853 per ounce of gold produced representing [...]
Gold miner, Lachlan Star Limited wishes to advise that, further to its announcement of 1 December 2014, it remains in discussion with Hamilton Place Associates regarding the availability of a working capital facility and anticipates providing a further update to the market in January. There is no assurance additional financing will be available as [...]
Gold miner, Lachlan Star is pleased to announce the receipt by its Chilean subsidiary, Compañía Minera Dayton, of the final US$2 million from the US$3.5 million transfer of one group of mining properties to Compañía Minera Teck Carmen de Andacollo and the grant of a five year purchase option over further mining properties to CDA, announced on 15 [...]
Gold miner, Lachlan Star Limited files Interim Financial Statements and Managements Discussion and Analysis for the period ending 30 September 2014. Interim Financial Statements for the 3 months ending 30 September 2014 and the Quarterly Management Discussion and Analysis can be downloaded at the links below: To view the full the announcement [...]
