Hanking pushing for rival Gascoyne revival

PLANS to relist Gascoyne Resources on the Australian Securities Exchange that were recently unveiled by voluntary administrator FTI Consulting are suddenly under the microscope after key Gascoyne shareholder Hanking Mining lodged a rival deed of company arrangement yesterday.

Hanking pushing for rival Gascoyne revival Hanking pushing for rival Gascoyne revival Hanking pushing for rival Gascoyne revival Hanking pushing for rival Gascoyne revival Hanking pushing for rival Gascoyne revival

Hanking Australia CEO Mark Qiu.

The Hong Kong -based Hanking, which could emerge with 20-30% of Gascoyne, believes its DOCA, recapitalisation and relisting plans "provides all stakeholders with an accelerated and enhanced repayment

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