Court backs ASIC and Australian Mines agreement
ASX-listed Australian Mines will pay a A$450 000 penalty as well as a further A$55 550 in legal costs to resolve its dispute with the Australian Securities and Investment Commission (ASIC).
The company on Friday reported that the Federal Court had approved an agreement between Australian Mines and ASIC concerning civil proceedings brought by the watchdog in 2022 against the company.
The company on Friday reported that the Federal Court had approved an agreement between Australian Mines and ASIC concerning civil proceedings brought by the watchdog in 2022 against the company.