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Celamin Holdings NL (CNL.AX)

CNL.AX on Australia Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Celamin updates on legal proceedings reagding dispute between its unit and its JV partner Tunisian Mining Services
Thursday, 6 Apr 2017 01:01am EDT 

Celamin Holdings Nl - : Update on the progress of legal proceedings regarding the dispute between its unit and its jv partner tunisian mining services . Has obtained a conservatory seizure order from president of tribunal of first instance of tunisia against all shares tms owns in capital of cpsa .Celamin is also continuing with other legal actions in tunisia including criminal proceedings.  Full Article

Celamin Holdings NL receives results of initial court action
Monday, 11 May 2015 12:14am EDT 

Celamin Holdings NL:Says that it has received results of one of initial court actions it has brought regarding dispute with its joint venture partner, Tunisian Mining Services (TMS).Says Celamin is in dispute with TMS over ownership and control of the joint venture company Chaketma Phosphates SA (CPSA), and has engaged Tunisian legal advisers and commenced legal actions to resolve this situation.Says that it has been informed that application for an appointment of a trustee to manage CPSA was not granted.Reasons for judgement have not yet been released, and are expected to become available within next two weeks.Once received, Celamin, in conjunction with its legal team, will determine appropriate next steps.  Full Article

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