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New Energy Minerals Ltd (ASX:NXE) Settlement of Disputes with Arena - ABN Newswire (@ABN_Newswire) - Vimarsana News

New Energy Minerals Ltd (ASX:NXE) Settlement of Disputes with Arena - ABN Newswire (@ABN_Newswire)

New Energy Minerals Ltd (ASX:NXE) Settlement of Disputes with Arena    OTCMKTS:MTTGF) announces that it has reached a settlement with Arena Structured Private Investments (Cayman) LLC ("Arena"), in relation to a $2.5 million (face value) convertible note facility provided to the Company which has been the subject of a claim by Arena and counterclaim by New Energy following the termination of the Convertible Note Deed in November 2018. The Convertible Note Deed was executed on 5 January 2018 and followed by an Amendment Deed executed on 22 May 2018 and a Consent Deed executed on 13 Augus...

Why failed council boss got a massive payout - Vimarsana News

Why failed council boss got a massive payout

Premium Content Subscriber only The administrator the Central Coast Council has explained why the former Lismore general manager is still receiving a huge payment despite his part in putting them $115 million in the red. Dick Persson was brought in to investigate Central Coast Council's massive deficit, after Gary Murphy was stood down in October 2020. Here is his Administrator's Statement on the CEO's Employment Termination Payment: "Ratepayers' anger about my decision to agree to a 'full payout' of the former Central Coast Council CEO's contract is totally understandable," he posted on ...