CSP01/083

Panel Receives Application from Vanteck (VRB) Technology Corp for Review of Pinnacle 10 Decision

The Panel advises that it has received an application from Vanteck (VRB) Technology Corp requesting a review of the decision of the sitting Panel in the Pinnacle No.10 proceedings.

The sitting Panel in Pinnacle No.10 made a declaration of unacceptable circumstances and final orders requiring a group of acceptances for approximately 1.6 million shares be reversed in the bid by Vanteck for Pinnacle VRB Limited. The Pinnacle No.10 application had been made by Ronay Investments Pty Ltd and Mr David Pethard in relation to the disputed acceptances.