TP07/079
The Panel has made interim orders on the application dated 15 October 2007 (Application) from Palmary Enterprises Limited (Palmary) in relation to the affairs of Consolidated Minerals Limited (CSM) (TP07/76).
The Panel has decided to commence proceedings in relation to both matters raised in the Application (i.e. the Top-up payment and the final statement).
A copy of the interim orders is attached.
Alan Shaw
Counsel, Takeovers Panel
Level 47, 80 Collins Street
Melbourne VIC 3000
Ph: +61 3 9655 3535
alan.shaw@takeovers.gov.au
Corporations Act
Section 657E
Interim Order
In the matter of Consolidated Minerals Limited 03
- Palmary Enterprises Limited has made an application to the Panel dated 15 October 2007 in relation to the offer by Pallinghurst Resources Australia Limited (ABN 60 125 228 006) (Pallinghurst) for all the shares in Consolidated Minerals Limited (ABN 85 000 727 926) (Offer).
- The Offer is currently due to close at 7.00pm (Melbourne time) on 24 October 2007.
Pursuant to section 657E of the Corporations Act 2001 (Cth), the Takeovers Panel ORDERS:
As soon as practicable after the date of this order, Pallinghurst extend the offer period in relation to the Offer in accordance with the Corporations Act to close on a date not earlier than 7.00pm (Melbourne time) on 2 November 2007.
John Keeves
President of the Sitting Panel
Dated 18 October 2007
