The Administrators have commenced a process to sell /recapitalize Alita Resources Limited (Catalist:40F) and are seeking urgent expressions of interest (EoI) from interested parties. The transaction is likely to be executed via a deed of company arrangement proposal (`DoCA'). Alita's secured creditor supports the Administrators in conducting a process seeking proposals for a potential sale/recapitalization of the Group. Any transaction will require the support of the secured party to proceed, or alternatively the secured creditor will need to be repaid in full.