NQ Minerals Plc has today been placed into Administration by a unanimous vote of the Directors of the Company. Paul Cooper and Paul Appleton, U.K. restructuring specialists from Begbies Traynor Group plc, have been appointed as Joint Administrators of the Company with immediate effect. Over the last few months, the directors have explored multiple avenues to keep the Company trading, however as of today the Director’s conclusion, supported by the advice of the restructuring specialists, is that putting the Company into Administration is the best available option to protect the interests of all stakeholders. The ...
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