The Panel has declined to conduct proceedings in relation to applications dated 30 October 2020 by Samson Rock Capital LLP and Cardinal Resources Limited (ASX/TSX: CDV) in relation to the affairs of Cardinal (see TP20/69 and TP20/71 respectively).¹

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.

Details

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).

The Panel has received an application from Shandong Gold Mining (HongKong) Co., Limited (Shandong) in relation to the affairs of Cardinal Resources Limited (Cardinal). Further background details are set out in the Panel’s media release relating to the receipt of Cardinal Resources’ application in Cardinal Resources Limited 04 (TP20/71).  

Details of the application, as submitted by Shandong, are below.

The Panel has declined to conduct proceedings on an application dated 26 October 2020 from Nord Gold S.E. (Nordgold) in relation to the affairs of Cardinal Resources Limited (Cardinal).

The Panel has received an application from Mr Warwick Sauer in relation to the affairs of Excelsior Capital Limited. 

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 (Cardinal) in relation to its affairs. 

Details of the application, as submitted by the applicant, are below. Further background details are set out in the Panel’s media release relating to the receipt of Samson Rock Capital LLP’s application in Cardinal Resources Limited 03 (TP20/69).

The Panel has received an application from Keybridge Capital Limited seeking a review of the Panel’s decision in Webcentral Group Limited (see TP20/66).

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 received an application from Samson Rock Capital LLP (Samson Rock) in relation to the affairs of Cardinal Resources Limited (Cardinal).

Details of the application, as submitted by Samson Rock, 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.