TP18/006

Strategic Minerals Corporation NL - Declaration of Unacceptable Circumstances

The Panel has made a declaration of unacceptable circumstances (Annexure A) in relation to an application by Ms Veronica Oma in relation to the affairs of Strategic Minerals Corporation NL (see TP18/01).

Background

Strategic Minerals is currently the subject of an on-market takeover bid by QGold Pty Ltd.  Mr Christopher Wallin is the directing mind and will of QGold.  Mr Wallin is also, and has at all relevant times been, a director of Strategic Minerals.