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BRIEF-Mineral Commodities says Blastrite court application dismissed

Published 12/10/2015, 09:35 am
Updated 12/10/2015, 09:38 am
© Reuters.  BRIEF-Mineral Commodities says Blastrite court application dismissed
MRC
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Oct 12 (Reuters) - Mineral Commodities Ltd MRC.AX :

* Blastrite court application dismissed - mrc awarded costs MRC.AX

* Says dismissal follows blastrite's withdrawal of its initial application to seek interim relief in December 2014

* Parties have agreed to settle all outstanding matters between themselves and have executed a deed of settlement accordingly

* Says company, and other respondents strenuously opposed the application

* Garnet concentrate production continues to be supplied and sold under the contract with gma and stockpiled within South Africa

* Garnet concentrate will then be shipped at gma's discretion

* Source text for Eikon ID:nASXbw98X3

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