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f0346840-5131-40fa-9740-14cac5a047c4.pdf
5 July 2016
Triton Minerals Ltd (Administrators Appointed) Update
Triton Minerals Ltd (Administrators Appointed) (the Company) provides a copy of the Supplementary Administrators' report to creditors prepared pursuant to section 439A(4)(a) of the Corporations Act 2001.
The Second Meeting of Creditors is still to be held on 8 July 2016 at 11:00am (AWST) at Level 28, 108 St Georges Terrace, Perth WA 6000.
ENDS
Triton Minerals Ltd (Administrator Appointed)
ACN 126 042 215
Supplementary Report by Administrators
Pursuant to Section 439A of the Corporations Act
5 July 2016
Table of Contents
Section Page
Statement by Administrators 1
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Executive summary 2
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Introduction 5
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Joint DOCA Proposal 6
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Return to creditors 13
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Timing of dividend 13
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Administrators' opinion 14
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Amendments to Administrators' report dated 30 June
2016 ................................................................................15
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Further information and enquiries 16
Annexure
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Notice of meeting
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Appointment of proxy form
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Proof of debt form
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Joint DOCA Proposal Term Sheet
Supplementary Report by Administrators pursuant to Section 439A
5 July 2016
Statement by Administrators
In reviewing this Report, creditors should note:
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This Report is based upon our investigations to date. Any additional material issues that are identified subsequent to the issue of this Report may be the subject of a further written report and/or tabled at the Second Meeting.
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The statements and opinions given in this Report are given in good faith and in the belief that such statements and opinions are not false or misleading. We reserve the right to alter any conclusions reached based on any changed or additional information which may be provided to us between the date of this Report and the date of the Second Meeting (except where otherwise stated).
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In considering the options available to creditors and formulating our opinion and recommendation, we have necessarily made forecasts of asset realisations and total creditors' claims based on our best assessment in the circumstances. These forecasts and estimates may change as asset realisations progress and we receive creditor claims and consequently the outcome for creditors might differ from the information provided in this Report.
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Creditors should consider seeking their own independent legal advice as to their rights and the options available to them at the Second Meeting.
Supplementary Report by Administrators pursuant to Section 439A
5 July 2016 | Page 1
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Triton Gold Limited
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EXPLORATION STAGE |
CODE : TON.AX |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Triton Gold is a gold exploration company based in Australia. Triton Gold holds various exploration projects in Australia. Its main exploration properties are CUNDEELEE, FRASER RANGE NORTH, SALMON GUMS, WINDARRA, SUNDAY PROJECT, TUSHTENA and NEALE AUSTRALIA in Australia. Triton Gold is listed in Australia. Its market capitalisation is AU$ 7.2 millions as of today (US$ 4.9 millions, € 4.5 millions). Its stock quote reached its highest recent level on July 18, 2014 at AU$ 0.91, and its lowest recent point on September 06, 2024 at AU$ 0.01. Triton Gold has 657 809 984 shares outstanding. |