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BRIEF-Cobalt Blue Holdings Says Received Notice From Broken Hill Prospecting

Published 22/11/2018, 03:21 pm
Updated 22/11/2018, 03:30 pm
© Reuters.  BRIEF-Cobalt Blue Holdings Says Received Notice From Broken Hill Prospecting

Nov 22 (Reuters) - Cobalt Blue Holdings Ltd COB.AX :

* RECEIVED NOTICE FROM BROKEN HILL PROSPECTING LIMITED

* UPDATES ON THACKARINGA JOINT VENTURE

* NOTICE SAYS BPL TO SEEK DECLARATORY RELIEF UNLESS CO GIVES UNDERTAKING NOT TO ENFORCE RESOLUTIONS PUT TO VOTE AT ADJOURNED MEETING OF TJV

* BPL WILL SEEK DECLARATORY, AND POSSIBLY INJUNCTIVE, RELIEF FROM A COURT SEEKING TO INVALIDATE RESOLUTIONS VOTED UPON AT THAT MEETING

* SEES NO REASON TO CEASE THACKARINGA JOINT VENTURE ACTIVITIES, WHICH REMAIN WITHIN SCOPE OF TJV AGREEMENT

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