Bryah Resources Limited

Introduction

  1. The Panel, Tonianne Dwyer, Diana Nicholson (sitting President) and Karen Phin, declined to make a declaration of unacceptable circumstances in relation to the affairs of Bryah Resources Limited. The application concerned an alleged association between certain shareholders following a placement and a subsequent section 249D notice to change the board of Bryah.

Keybridge Capital Limited 21R

Introduction

  1. The review Panel, Sylvia Falzon, Christian Johnston (sitting President), and Neil Pathak, declined to conduct proceedings on an application by Mr Nicholas Bolton in relation to the affairs of Keybridge. The application submitted (among other things) that some directors of Keybridge were participating insiders in relation to Yowie’s all‑scrip takeover bid for Keybridge and that an entity connected with the Wilson Asset Management Group had breached section 6061 as a result of a loan provided to Keybridge.

Emu NL 05 – Further Undertaking

The Panel has accepted a further undertaking from Emu NL in relation to the application dated 10 September 2025 by Dronkay Pty Ltd (see TP25/084 and TP25/088).

Emu NL undertakes not to allot or issue any shortfall securities in relation to its non‑renounceable pro‑rata entitlement offer announced on 8 September 2025 until 27 October 2025.

A copy of the undertaking is attached.

The Panel is still considering the matter.

Emu NL 03

Introduction

  1. The Panel, Stephanie Charles (sitting President), Alberto Colla and John McGlue, made a declaration of unacceptable circumstances in relation to the affairs of Emu NL. The application concerned an Emu extraordinary general meeting considering resolutions to replace two of Emu’s three directors and a placement made on the day of the EGM.