Centennial calls in KordaMentha

A SUCCESSFUL recapitalisation by the team at Centennial Mining has proven a bridge too far, and after market close last week, KordaMentha Restructuring was announced as voluntary administrators to try and right the ship at the Victorian gold minnow.

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Centennial has called in the administrators.

Richard Tucker, John Bumbak and Leanne Chesser are now leading discussions with potential investors to secure short-term funding to allow Centennial and its subsidiary to continue to trade while a