Origo Partners still awaiting sale of Celadon Mining

Origo Partners updated the market on Tuesday, noting that the “liquidity event” for Celadon Mining, which had been predicted by Celadon to occur in November, had not occurred yet.

The AIM-traded company said it would provide a further update in due course, although as it had previously noted, it had no oversight over the Celadon sale process.

“The board expects to put the company's remaining assets up for auction in January,” the Origo directors said in their statement.

“A further announcement identifying those assets and the auction procedures will be made next year.”