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Nagambie Resources Ltd V.NAG


Primary Symbol: NGMBF

Metals & Mining Gold
Nagambie Resources Limited is an Australia-based natural resources exploration company. The principal activities of the Company include exploration for, and development of, gold, associated minerals including antimony, and construction materials in Australia, and the investigation and development of waste handling assets. The Company is focused on targeting epitherm alantimony-gold mineralized systems across 3,200 square kilometers of tenements in the Waranga Domain of the Melbourne Structural Zone, in Victoria, Australia. The Company's flagship project is the Antimony-Gold Project, which sits in proximity to the gold-antimony mines at Fosterville (Agnico Eagle) and Costerfield (Mandalay Resources). The Antimony-Gold Project is located at the 100% owned Nagambie Mine. Its Whroo Goldfields project is located approximately 130 kilometers (km) north of Melbourne. It also holds interest in Whroo Project, PASS Project, and Sand Project.


OTCPK:NGMBF - Post by User

Nagambie Resources Ltd
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Post by wallywillon Apr 07, 2011 12:40am
1240 Views
Post# 18397270

m3

m3

Here is the latest on M3

GLTA
Wallywill


https://www.businessweek.com/news/2011-04-01/lehman-innkeepers-vitro-gm-cabrini-medical-bankruptcy.html

New Filing

Coal Producer M3 Energy Resources Files in Kentucky

M3 Energy Resources LLC filed for Chapter 11 protection yesterday in London, Kentucky, in the face of default on payments due following acquisitions last year.

M3, based in San Diego, produces coal near Manchester, Kentucky. It was formed in July through asset acquisitions from four sellers.

The company had been sued in state court for non-payment to a seller. If filed in Chapter 11 given the inability to cover payment arrears that were due March 31 under a court order.

The petition says debt is less than $50 million.

The case is In re M3 Energy Resources LLC, 11-60480, U.S. Bankruptcy Court, Eastern District of Kentucky (London).

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