Why Is Altura Mining Suspended?

Altura Mining's (AJM) securities have been suspended from official quotation by the Australian Stock Exchange. ... In a statement to the ASX, AJM said it requested the suspension "in order to enable the company to finalise with its lenders proposed changes to its current financing arrangements."

What will happen to Altura shareholders?

As you may now be aware Altura Mining Limited (ASX:AJM) (“Altura” or “the Company”) is no longer under Receivership or external Administration and control of the Company has been returned to the Board of Directors. ... Their actions resulted in the initiation of the Receivership and Administration process.

What is happening with Altura?

Altura Mining's shares have been suspended from trading since August 2020, when they last traded at seven cents per share.