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16 Nov 2021 / by Hilco Streambank

Sale Announcement: Subsidiary of NQ Minerals Plc (in Administration)

Hilco Streambank is seeking offers to acquire BVI registered Keen Pacific Limited, a subsidiary of NQ Minerals Plc (in Administration). Hilco is conducting a sales process on behalf of the Joint Administrators of the Company, Paul Cooper and Paul Appleton of Begbies Traynor Group Plc. Established in 2013, NQ Minerals is an Australian mining company focused on the environmental rehabilitation of former precious metal mining operations and the sustainable extraction of minerals required to deliver clean energy and a low carbon economy. The offering presents an opportunity to acquire an operational mining site that can produce millions of tonnes in base metals and strong precious metal by-products, along with an opportunity to restart one of Australia’s highest grade gold mines.

The deadline for offers is Tuesday 7 December 2021 at 4pm GMT. Please contact the Hilco Streambank representatives listed below for further information. Further information is also available here on our website.