AuStar Gold Ltd (ASX:AUL) provides the following update regarding its discussions with the Administrators Korda Mentha and other parties to assess the potential of AuStar Gold proposing a Deed of Company Arrangement (DOCA) to the Centennial Mining Limited (ASX:CTL) creditors.
After conducting due diligence investigations, the Board of AuStar has determined, based on the currently available information, not to submit a DOCA to CTL creditors prior to the meeting of CTL creditors to be held on 17 May 2019 .
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