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Article: Kiernan lines up building blocks of his new empire.
- Article from:
- Australasian Business Intelligence
- Article date:
- July 7, 2009
CopyrightCOPYRIGHT 2009 News provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Kate Emery
Jul 07, 2009 (The West Australian - ABIX via COMTEX) -- Monarch Gold Mining's creditors have approved a recapitalisation plan proposed by Western Australian businessman, Michael Kiernan. Under the deal, 12.6% of Kiernan's Peel Exploration holding has been transferred to Stirling Resources' register, while Stirling will take a 40% stake in Monarch.
Publication Date: 7 July 2009
MONARCH GOLD MINING COMPANY LIMITED - ASX MON
PEEL EXPLORATION LIMITED - ASX PEX
STIRLING RESOURCES ...