Rough patch for Lach Drummond

LACH Drummond Resources has fallen into voluntary administration after a company called Veraison Capital defaulted on the repayment of $886,000 placed with it by the junior explorer during its corporate transition late last year from suspended shell company Fashion Intimates.

Rough patch for Lach Drummond Rough patch for Lach Drummond Rough patch for Lach Drummond Rough patch for Lach Drummond Rough patch for Lach Drummond

Accounting and advisory firm Pitcher Partners has been appointed the voluntary administrators, with partner Christopher Munday telling MiningNews.

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