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Matsa clears key hurdle as creditors approve subsidiary rescue deed

3:21pm on Friday 13th of November, 2026 AEDT • Mining
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Matsa clears key hurdle as creditors approve subsidiary rescue deed

3:21pm on Friday 13th of November, 2026 AEDT
Key Points
  • Creditors approved Matsa’s proposed DOCA for Matsa Gold and Devon Gold Mining
  • Formal documentation and conditions precedent remain outstanding
  • Court proceedings may affect when the DOCA takes effect
  • Administrators recommended against competing proposals from Catalyst Metals and Blue Cap Mining
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