Eastern Goldfields recap planned

MAJOR Eastern Goldfields shareholder Hawke’s Point Holdings has proposed a recapitalisation plan for the collapsed gold miner.

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Eastern Goldfields collapsed after the Davyhurst mine failed to meet expectations

Martin Jones and Andrew Smith of Ferrier Hodgson were appointed as joint and several administrators of Eastern Goldfields in November after a A$75 million recapitalisation was terminated.

 

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