The Company has filed an Application Response to the Application of MinQuest Limited("MinQuest"), who is seeking an Order from the Court directing and authorizing the Monitor to execute an Asset Purchase Agreement (the "APA"), to be used as a 'back-up' in the event that the Company's Plan fail to be implemented.
The Company, in its Application Response, opposes MinQuest's application.
The Monitor understands that the matter may be heard tomorrow. All relevant materials have now been posted to this website under the 'Motion Materials' tab. The Monitor notes that MinQuest's materials were not served upon the service list and, therefore, were not immediately posted to this website. MinQuest's materials now posted to the website include:
Notice of Application dated August 20, 2015
Affidavit #1 - Jeremy Read dated August 12, 2015
Affidavit #2 - Jeremy Read dated August 14, 2015
Affidavit #1 - Deborah Hamann-Trou dated August 19, 2015
A further update will be posted to this website with the results of the application(s) being heard tomorrow.
MNQ Price at posting:
2.0¢ Sentiment: Buy Disclosure: Held