General Announcement::Report by Administrators

Issuer & Securities

Issuer/ Manager
ALITA RESOURCES LIMITED
Securities
ALITA RESOURCES LIMITED - AU0000031270 - 40F
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
11-Dec-2019 10:33:41
Status
New
Announcement Sub Title
Report by Administrators
Announcement Reference
SG191211OTHR26EV
Submitted By (Co./ Ind. Name)
Alexei Fedotov
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Further to the announcement of 4 December 2019, the Administrators' report to creditors ("Creditors' Report") has been released on 9 December 2019 as attached. Pursuant to Section 439A of the Corporations Act 2001 (Cth), the second creditors' meeting will be held on Tuesday, 17 December 2019 at Duxton Hotel, 1 St Georges Terrace, Perth WA 6000 at 10:00 am WST ("Second Creditors' Meeting"). The purpose of the Second Creditors' Meeting is for the creditors of the Company to consider, amongst others, the Administrators' recommendation on the alternatives available to the creditors and the Administrators' internal disbursement and remuneration for the period of the voluntary administration.

The Company will keep shareholders updated on any material developments as and when appropriate, including the outcome of the Second Creditors' Meeting.

This announcement has been prepared by the Company and its contents have been reviewed by the Company s sponsor,
PrimePartners Corporate Finance Pte. Ltd. (the Sponsor ) in accordance with Rules 226(2)(b) and 753(2) of the Singapore
Exchange Securities Trading Limited (the SGX-ST ) Listing Manual Section B: Rules of Catalist.

The SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Ms Gillian Goh, Director, Head of Continuing Sponsorship (Mailing Address: 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318 and Email: sponsorship@ppcf.com.sg).

Attachments