Gascoyne's nightmare may have fairy tale ending 

CREDITORS in Gascoyne Resources have been offered an almost-unheralded return of up to 100 cents in the dollar by administrators FTI Consulting if they accept a proposal that could see the gold miner return to the Australian Securities Exchange later this year.

Gascoyne's nightmare may have fairy tale ending  Gascoyne's nightmare may have fairy tale ending  Gascoyne's nightmare may have fairy tale ending  Gascoyne's nightmare may have fairy tale ending  Gascoyne's nightmare may have fairy tale ending 

Gascoyne looks set to emerge from administration.

Canaccord Genuity and FTI are working on plans to raise A$70-80 million via an entitlement offer to support relisting, pending creditor, shareholder and ASX approvals.

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