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Takeover plan still golden for Austar

AUSTAR Gold will become a major creditor of fellow miner Centennial Mining and associated business Maldon Resources, after an agreement was forged as part of the approved merger of Austar and Centennial.

Karma Barndon
Union Hill lookout

Union Hill lookout

Under the assignment agreement Austar will take over Centennial and Maldon's debts owed to financier Mining Lending, and all associated security documents and interests. Junior Victorian miner Centennial...

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