Accelerate Resources Limited 02 - President Declines Consent to Review

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The Panel has received an application from GTT Global Opportunities Pty Ltd1 seeking the President’s consent to a review of the Panel’s decision to decline interim orders in Accelerate Resources Limited 02.

The President of the Panel has declined to grant consent under section 657EA(2) of the Corporations Act 2001 (Cth) to a review. The Panel will publish the reasons for the President’s decision in due course.

Allan Bulman
Director, Takeovers Panel
Level 10, 63 Exhibition Street
Melbourne VIC 3000
Ph: +61 3 9655 3500

1 - On behalf of itself and other shareholders who signed the section 249D notice referred to under the heading “Details”