ASA Resource Group Limited (02167843): administration
- Status
- Administration ended
- Administration began
- 2017-08-01
- Administrators
- Mark Skelton
- Administrators' firm
- Kroll
- Formerly
- ASA Resource Group PLC; Mwana Africa PLC; African Gold PLC; Finalsector Public Limited Company
- Incorporated
- 1987-09-22
- Location
- Accrington
- Industry
- 07290 Mining of other non-ferrous metal ores
Why it went into administration
- Parent or group failure
- Rising costs / inflation
- Funding withdrawn / unable to refinance
- Cyber attack / IT failure
From the administrators' statement
Statutory information on the Company and a summary of its financial history is included at Appendix 1.
The current group structure is also shown at Appendix 1.
The Company operates as the Group holding company. Its ordinary shares are listed on the London Stock Exchange, although trading in the Company’s shares is currently suspended.
Administrators' statement of proposals (2017-10-03) · Companies House register