From Note 30 (c) of the 2018 AR: During the financial year the Group paid ... $64,000 (2017: $nil) for legal services provided by a related party of Mr Mark Stewart, who is up for election as a Non-executive Director at the upcoming AGM.
ICYMI: https://www.lawyersweekly.com.au/sme-law/23661-major-mining-acquisition-complete
Deal: Consolidated Mining & Civil Pty Ltd (CMC) has been advised on its purchase of 100 per cent of Benagerie Gold Pty Ltd, which holds the Benagerie mining lease, from Havilah Resources Limited.
Firms: Maddocks (Consolidated Mining & Civil Pty Ltd); Arion Legal (Havilah Resources Limited)
The Arion Legal team was led by director Mark Stewart.
DYOR
They clearly should have used an independent firm with suitable qualifications and track record. Usually gets a better result than jobs for friends.
From Note 30 (c) of the 2018 AR: During the financial year the...
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