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Vital Metals (ASX:VML) has received a notice of initial substantial holder from ASX-listed mining services company Ausdrill (ASX:ASL).
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii
Assays from one of the drill holes returned 6 metres at 10.6 g/t gold from 87 metres.
Senex Energy Limited (ASX: SXY) has been served with a proceeding commenced by Energy Drilling Australia Pty Ltd (EDA), a wholly owned subsidiary of Ausdrill Limited (ASX: ASL). In March 2015 Senex terminated a drilling contract with EDA due to material and ongoing breaches of the contract relating to the performance of the relevant rig. Prior to terminating the contract, Senex gave EDA a generous amount of time (above and beyond the contractual requirements) to remedy the breaches, but EDA failed to do so.
Senex Energy Limited disclosed Monday that it has been served with a proceeding commenced by Energy Drilling Australia Pty Ltd. (EDA), a wholly owned subsidiary of Ausdrill Limited.