Equities

40F

AU0000031270

Delayed Singapore S.E. Other stock markets 05:04:34 2019-08-08 am EDT			5-day change	1st Jan Change
0.078 ^SGD	-1.27%		-.--%	-.--%

Mar. 25	Australian Court to Hear Application to Terminate Alita Resources' Liquidation Monday	MT
2023	Mineral Resources Limited completed the acquisition of Bald Hill lithium mine from Alita Resources Limited.	CI

Alita Resources Limited Receives Notice of Default from the Lender

August 30, 2019 at 04:16 am EDT

Alita Resources Limited refers to its announcements on 18 August 2019, 21 August 2019, 26 August 2019 and 29 August 2019, regarding the secured AUD 40 million loan facility (facility), now with Galaxy Resources Limited (lender). The company received a notice of default from the Lender on 29 August 2019 as a result of the appointment of Administrators on 28 August 2019. Following the event of default, the Lender declared that all moneys owing under the Facility including interest are immediately due and payable. The Lender has also on 29 August 2019 appointed receivers and managers.

Latest news about ALLE MINE

Australian Court to Hear Application to Terminate Alita Resources' Liquidation Monday	Mar. 24	MT
Mineral Resources Limited completed the acquisition of Bald Hill lithium mine from Alita Resources Limited.	Oct. 31	CI
Mineral Resources Limited entered into an agreement to acquire Bald Hill lithium mine from Alita Resources Limited.	23-09-03	CI
Liatam Mining Pty Ltd cancelled the acquisition of Alita Resources Limited.	23-07-20	CI
Alita Resources Limited Announces Board Changes	22-03-04	CI
Mark Rowsthorn agreed to acquire Bald Hill Lithium Project from Alita Resources Limited for AUD 55 million.	21-01-08	CI
Alita Resources Ltd. Announces Executive Changes	20-12-04	CI
Alita Resources Limited Appoints David Pile and Fergus Jockel as Directors, Effective 4 December 2020	20-12-03	CI
Alita Resources Limited Announces the Cessation of Ron Chamberlain as Chief Financial Officer	20-08-19	CI
Alita Resources Limited Announces Cessation of Alexei Fedotov as Company Secretary	20-03-31	CI
Liatam Mining Pty Ltd entered into a deed of company administration to acquire Alita Resources Limited.	19-12-18	CI
Alita Resources Limited Announces Resignation of Directors	19-12-18	CI
Alita Resources Limited Announces the Resignation of Ong Kian Guan as Independent Non-Executive Director, Chairperson of Audit and Risk Committee	19-12-18	CI
Alita Resources Limited Announces Resignation of Wei Xie, Vicki as Non-Executive Director, Member of Audit and Risk Committee and Member of Remuneration and Nomination Committee	19-12-18	CI
Alita Resources Limited Announces Resignation of Robert Scott Vassie as Independent Non-Executive Director, Member of Audit and Risk Committee and Chairperson of Remuneration and Nomination Committee	19-12-18	CI
Alita Resources Limited Enters into Binding AUD 70 Million Loan Facility Agreement	19-11-28	CI
Alita Resources Limited Announces Management Changes	19-10-09	CI
Administrators To Seek EoI for Alita	19-10-08	CI
Alita Resources Limited Announces Re-Designation of Executive Director and Resignation of Company Secretary	19-09-04	CI
Alita Resources Limited(ASX:A40) dropped from S&P/ASX Emerging Companies Index	19-09-02	CI
Alita Resources Limited(ASX:A40) dropped from S&P/ASX All Ordinaries Index	19-09-02	CI
Alita Resources Limited(ASX:A40) dropped from S&P/ASX Emerging Companies Index	19-09-02	CI
Alita Resources Limited(Catalist:40F) dropped from S&P Global BMI Index	19-09-02	CI
Alita Resources Limited(Catalist:40F) dropped from S&P Global BMI Index	19-09-02	CI
Alita Resources Limited Receives Notice of Default from the Lender	19-08-30	CI

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Company Profile

Alita Resources Limited, formerly Alliance Mineral Assets Limited, is a mining company engaged in the business of developing and exploiting Tantalite mineral resource in Australia. It possesses the right to explore and mine Tantalum at the Bald Hill Tantalite Mine and surrounding areas. The Bald Hill Project covers an area of approximately 59,000 hectares and is located within the Eastern Goldfields Province of the Archaean Yilgarn Block, within the Shire of Coolgardie, approximately 50 kilometers east of Widgiemooltha. The Bald Hill Project consists of over four mining leases, approximately eight prospecting licenses, over eight exploration licenses, a general purpose license, a retention license and other miscellaneous licenses. Its Tantalum mineral resources comprise a total mineral resource of over 2,580,000 tons averaging approximately 350 parts per million (ppm) Tantalum pentoxide (Ta2O5). Its Tantalum is used in production of capacitors in the electronics industry.

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