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Gippsland

  • BY: Andrew Hore |
  • POSTED: 22/03/2009 |

Gippsland Ltd has failed to find a replacement nominated adviser.

Shares in Gippsland were suspended on Aim at 2.25p a share after Seymour Pierce resigned as nominated adviser on 11 February. That valued Gippsland at £7.28m.

The Aim quotation will be cancelled on 23 March 2009. Gippsland is still listed on ASX but trading is also suspended on that market. 

Gippsland has a resource base of 142.5m tonnes and this should be enough to supply tantalum for more than four decades from when the mine goes into production.

Gippsland intends to release its 2008 figures in the near future. This and other information will be published on www.gippslandltd.com.

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