Aeon Metals (ASX:AML) and various related entities - Voluntary Administration

Aeon Metals (ASX:AML) and various related entities, the owner of the Walford Creek copper-cobalt project, entered voluntary administration on 26 July.

The company and administrators Ben Campbell, Kathryn Evans and Vaughan Strawbridge of FTI Consulting have yet to comment on the reasons for the appointment, although the company recently announced that it had reached a cultural heritage protection agreement with Traditional Owners (the Waanyi PBC and Waanyi People #3) to allow it to recommence activities at its Walford Creek copper-cobalt project after a year of negotiations.

The administrators are continuing to operate the business while they assess options.