Quantum Graphite Limited (subject to Deed of Company Arrangement) - Panel Declines to Make Declaration

The Panel has declined to make a declaration of unacceptable circumstances in response to an application dated 16 January 2018 from Strategic Energy Resources Limited in relation to Quantum Graphite Limited (subject to Deed of Company Arrangement).  The application concerned an issue of shares by Quantum on 29 September 2017 and matters relating to Quantum's annual general meeting held on 18 December 2017 (see TP18/02)).

Bulletproof Group Limited - Panel Receives Application

The Panel has received an application from Macquarie Cloud Services Pty Ltd in relation to the affairs of Bulletproof Group Limited (ASX: BPF).  Bulletproof is currently the subject of a conditional off-market takeover bid by the applicant.

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.

Quantum Graphite Limited (subject to Deed of Company Arrangement) - Panel Receives Application

The Panel has received an application from Strategic Energy Resources Limited in relation to the affairs of Quantum Graphite Limited (subject to Deed of Company Arrangement) (Quantum).  The applicant is a shareholder in Quantum.

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.

Strategic Minerals Corporation NL - Panel Receives Application

The Panel has received an application from Ms Veronica Oma in relation to the affairs of Strategic Minerals Corporation NL.  Strategic Minerals is currently the subject of an on-market takeover bid by QGold Pty Ltd.

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.

Molopo Energy Limited 09

Introduction

  1. The Panel, Chelsey Drake, Peter Hay (sitting President) and Denise McComish, declined to make a declaration of unacceptable circumstances on an application by Aurora Funds Management Limited (as responsible entity of the Aurora Fortitude Absolute Return Fund) in relation to the affairs of Molopo Energy Limited. The application concerned Aurora’s off-market takeover bid for Molopo.

Tap Oil Limited

Introduction

  1. The Panel, Rod Halstead (sitting President), Christian Johnston and Tara Page, declined to make a declaration of unacceptable circumstances in relation to the affairs of Tap Oil Limited.

MMA Offshore Limited

Introduction

  1. The Panel, Bruce Cowley, James Dickson (sitting President) and Bruce McLennan, conducted proceedings on an application by Halom Investments Pte Ltd and made a declaration of unacceptable circumstances in relation to the affairs of MMA Offshore Limited.