DIVERSIFIED resources company RMA Energy Ltd says legal claims brought against it by the administrators of Ansett Australia have been dropped. The Perth-based company is expected to list on the Australian Securities Exchange on Thursday after raising $4.25 million through the issue of 17 million shares at 25 cents each, to fund the purchase and the development of six Queensland tin, coal and uranium tenements. RMA was originally named Ansett Energy, which did not impress the administrators of failed national airline carrier Ansett Australia. The administrators brought legal action against RMA and two companies associated with RMA chairman Terry Byrt. It was alleging breaches of the Trade Marks and Trade Practices Acts. Mr Byrt renamed Ansett Energy RMA Energy on April 13 and this week the explorer said it had been released as a third respondent from a statement of claim by Ansett Australia’s administrators. Mr Byrt, a private prospector, is also a director of Ansett Resources and Industries Pty Ltd and Ansett Regional Airlines Pty Ltd. RMA also said it had secured an RC drill rig, which it expected to use for at least the next six months as it explores its projects in Queensland.
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