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Last gasp for Alita

THE Supreme Court of Western Australia has granted orders allowing all the shares in Alita Resources be transferred to Liatam Mining in return for $0, quashing the last remaining spark of hope that some 200 shareholders in Australia and Singapore held the miner could have been resurrected.

Haydn Black
Bald Hill.

Bald Hill.

Liatam's special purpose vehicle, China Hydrogen Energy will pay nothing for all the shares in Alita under a deed of company arrangement, brokered by KordaMentha, that aims to provide some small return...

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