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12 Apr
02:33

Mallee Resources fails to meet IPO timetable

Australian nickel producer Mallee Resources has been unable to meet its previously announced initial public offering (IPO) timetable, Kallanish notes. Australian Securities Exchange (ASX)’s feedback suggests that it is likely to require that Mallee Resources has received the entirety of the $10.20 million consideration payable by Myanmar Airways International Company Limited (MAI) in consideration for the sale of Mallee Resources’s former wholly owned …
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