Are Altura Mining still in receivership?

Hi Paul, I hold some Altura Mining which went into liquidation last year. I rang the liquidators who informed me that they were not involved anymore and the directors had taken over.

What does this mean?

A: Thanks for the question.

Altura Mining (AJM) is no longer in receivership. It hasn’t been liquidated. Although it remains suspended on the ASX, the Directors are planning to re-capitalise it and have the shares traded on the ASX.

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