Mining firm ordered to be wound up

The High Court has ordered that an Irish-registered mining and exploration business be wound up after it failed to repay loans of £18.6m (€26m).

Mining firm ordered to be wound up

Mr Justice Paul Gilligan appointed Kieran Wallace of KPMG as liquidator to Oman Resources Ltd after being satisfied that the company is insolvent and unable to pay its debts as they fell due.

Oman Resources Ltd, with a registered address at Hatch St Lower, Dublin 2, was incorporated in 2008. Its interests included acquiring, establishing, and managing oil and gas interests in Turkey and other countries outside of Ireland.

You have reached your article limit. Already a subscriber? Sign in

Continue reading for €5

Unlock unlimited access and exclusive benefits

More in this section

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited