HRR 1.69% 5.8¢ heron resources limited

News: HRR Heron Resources Says CIMIC Group Unit Sedgman's Revised Progress Claim Rejected

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    March 15 (Reuters) - Heron Resources Ltd (HRR) :

    • CIMIC GROUP'S UNIT SEDGMAN'S REVISED PROGRESS CLAIM REJECTED
    • REVISED PROGRESS CLAIM SUBMITTED ON 1 MARCH BY CIMIC GROUP UNIT SEDGMAN FOR ADDITIONAL COSTS OF $53M CONTRACT HAS BEEN REJECTED
    • HERON'S LIQUIDATED DAMAGES CLAIM REMAINS OUTSTANDING
    • HERON CONTINUES TO HOLD $10.8M IN BANK GUARANTEES FROM SEDGMAN

    Source text: (http//bit.ly/2HmLVLi)

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