The Takeovers Panel notes the decision of the High Court of Australia delivered today, which upheld the validity of s 657A(2)(b) of the Corporations Act 2001 (as it was)1.The Panel also notes that reasons for the decision will be delivered later.

The Takeovers Panel today published the reasons for its decision on an application dated 30 October 2007 from Golden West Resources Limited, in relation to the affairs of Golden West Resources Limited.

The Takeovers Panel has today published the reasons for its decision in relation to an application dated 14 October 2007 from Gulf Resources Limited in relation to the affairs of GoldLink GrowthPlus Limited.

The Takeovers Panel has today published the reasons for its decision in relation to an application dated 24 October 2007 from Merim Pty Ltd in relation to the affairs of Golden Circle Limited.

The Takeovers Panel advises that it has consented to Fairstar Resources Limited's (Fairstar) request to withdraw its application to the Panel dated 16 November 2007 in relation to the affairs of Golden West Resources Limited (GWR) (see TP07/96).

The Panel has declined to commence proceedings in relation to an application by Golden West Resources (GWR) dated 30 October 2007 (see TP07/84), which was revised on 19 November 2007, (Application) in relation to the affairs of GWR.