Feb 9 (Reuters) - Village Main Reef Ltd :
* Notice of discontinuing of business rescue proceedings of Consmurch and the placing of the company under liquidation
* Clifford Maredi has been appointed by master of high court as a provisional liquidator
* Effective date of provisional liquidation is 5 February 2015.
* Directors of Cons Murch placed company under business rescue in terms of section 129 of Companies Act on 15 December 2014 after a transaction to sell company lapsed
* Placing Cons Murch in provisional liquidation will allow retention of mining rights owned by co
* Negotiated transaction to sell shares lapsed in December 2014 when stibium was unable to obtain funding
* Will also allow liquidators an opportunity to ensure safety of essential services employees and security of company assets Source text for Eikon: Further company coverage: (Bengaluru Newsroom; +44 207 542 1810)