Clarification of media article Australian resources developer, Stirling Resources Limited (ASX:SRE) (Stirling), notes an article in the media today making reference to Stirling being in discussions with the Administrator of Monarch Gold Mining Company Limited (Monarch) regarding a recapitalisation plan for Monarch. Stirling confirms that it is in confidential discussions with Monarch’s Administrator. The discussions are incomplete and ongoing. Stirling will continue to keep the market fully informed regarding the discussions
MON Price at posting:
29.5¢ Sentiment: Hold Disclosure: Held