The Panel has received an undertaking from WAM Active Limited not to read or tender parts of an affidavit and an exhibit to that affidavit in court proceedings containing information that the Panel considered to be subject to confidentiality undertakings given by WAM Active in Keybridge Capital Limited 04, 05 & 06 [2020] ATP 6.
The Panel has declined to make a declaration of unacceptable circumstances in response to an application dated 29 October 2020 from Mr Warwick Sauer in relation to the affairs of Excelsior Capital Limited (Excelsior). The application concerned acquisitions of Excelsior shares resulting in Ms Leanne Catelan’s relevant interest in Excelsior increasing from 47.8% to 50.2% (see TP20/68).
The Panel considered (among other things) that:
The Panel has received an application from Cardinal Resources Limited in relation to its affairs (ASX/TSX: CDV).
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 Cardinal Resources Limited seeking a review of the Panel’s decision in Cardinal Resources Limited 03 & 04 (see TP20/76).
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 Panel has declined to conduct proceedings on an application dated 30 October 2020 from Shandong Gold Mining (HongKong) Co., Limited (Shandong) in relation to the affairs of Cardinal Resources Limited (ASX/TSX: CDV) (see TP20/72).
The Panel has declined to conduct proceedings on an application dated 3 November 2020 from shareholders who collectively hold 37.5% of the issued shares in CFOAM Limited in relation to the affairs of that company1.
The Panel has received an application from shareholders who collectively hold 37.5% of the issued shares in CFOAM Limited in relation to the affairs of that company.
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.
On 8 October 2020, CFOAM announced that it:
The Panel has made interim orders in relation to an application dated 14 October 2020 by Forager Funds Management Pty Ltd and Vaspip 2 Pty Ltd dated 21 October 2020, both in relation to the affairs of Thorn Group Limited (Thorn).