Canyon Resources Limited – Undertakings
Use the PDF link above to access the media release. The HTML version will be available shortly.
Use the PDF link above to access the media release. The HTML version will be available shortly.
On Friday 11 September 2026, the Federal Court ordered [PDF 162 KB] that the period within which the Panel may make a declaration of unacceptable circumstances in relation to the affairs of DGR Global Limited be extended to 30 September 2026.1
The Panel is still conducting proceedings and has not yet decided whether to make a declaration.
The Panel has previously made interim orders in relation to an application from Harvest Lane Asset Management Pty Ltd dated 23 July 2026 and from Ida Metal Investments Pty Ltd dated 28 July 2026, both in relation to the affairs of Zenith Minerals Limited (Zenith) (see TP26/052 and TP26/061).
On 27 August 2026, the Panel made a declaration of unacceptable circumstances in relation to the applications (see TP26/059).
The Panel has received an application from Pengana Capital Group Limited (PCG) in relation to the affairs of Pengana International Equities Limited (PIA).
Details of the application, as submitted by the applicant, are below.
A sitting Panel has not been appointed at this stage and no decision has been made whether to conduct proceedings. The Panel makes no comment on the merits of the application.
The Panel has received an application from Forrestania Resources Limited seeking a review of the Panel’s decision to make a declaration of unacceptable circumstances in Zenith Minerals Limited 01 & 02 (see TP26/059).
A review Panel has not been appointed at this stage and no decision has been made whether to conduct proceedings. The Panel makes no comment on the merits of the application.
The President of the Panel has made interim orders1 in response to an application dated 25 August 2026 by Mr Jeremy Raper in relation to the affairs of Canyon Resources Limited (Canyon).
The Panel previously made interim orders in relation to an application from Harvest Lane Asset Management Pty Ltd dated 23 July 2026 and from Ida Metal Investments Pty Ltd dated 28 July 2026, both in relation to the affairs of Zenith Minerals Limited (Zenith) (see TP26/052).
On 27 August 2026, the Panel made a declaration of unacceptable circumstances in relation to the applications (see TP26/059).
The Panel has made a declaration of unacceptable circumstances (Annexure A) in relation to an application from Harvest Lane Asset Management Pty Ltd dated 23 July 2026 and Ida Metal Investments Pty Ltd dated 28 July 2026, both in relation to the affairs of Zenith Minerals Limited (Zenith) (see TP26/047 and TP26/049).
The Panel has received an application from Mr Jeremy Raper in relation to the affairs of Canyon Resources Limited (Canyon). Canyon is the subject of an off‑market takeover bid by A2MP Investments FZCO (A2MP).
Details of the application, as submitted by the applicant, are below.
A sitting Panel has not been appointed at this stage and no decision has been made whether to conduct proceedings. The Panel makes no comment on the merits of the application.
The Panel has declined to conduct proceedings on an application dated 5 August 2026 by Mr Jeremy Raper in relation to the affairs of GWR Group Limited (GWR). The application concerned allegations of association between, and non‑disclosure of, parties whose beneficial ownership of shares in GWR were held in a nominee (see TP26/055).