The Panel has affirmed the decisions of ASIC to refuse relief under s655A(1)1 to Benjamin Hornigold and Henry Morgan to:
For further information in relation to these applications see TP18/77.
The Panel has received an application from Benjamin Hornigold Limited for a review of ASIC decisions under s655A(1).1 The Panel has also received an application from Henry Morgan Limited for a review of ASIC decisions under s655A(1). Details of the applications, as submitted by the applicants, are below.
The review Panel has varied the initial Panel's orders in Tribune Resources Limited (see TP18/73). In that matter, the Panel made orders including the vesting of 12,025,519 Tribune shares held by Rand Mining Limited in ASIC to sell, further disclosure and voting restrictions.
On 31 October 2018, Rand sought a review of the initial Panel's decision to make orders (see TP18/74).
The Panel has declined to conduct proceedings on an application dated 24 October 2018 from Ramelius Resources Limited in relation to the affairs of Explaurum Limited (see TP18/72).
The Panel has received an application from Rand Mining Limited seeking a review of the Panel's decision on final orders in Tribune Resources Limited (see TP18/73).
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 made a declaration of unacceptable circumstances on 14 September 2018 in relation to an application dated 20 August 2018 by R Hedley Pty Ltd in relation to the affairs of Tribune Resources Limited (see TP18/67).
The Panel has made final orders (Annexure A), the effect of which includes:
The Panel has received an application from Ramelius Resources Limited in relation to the affairs of Explaurum Limited. Explaurum is currently the subject of an off-market takeover bid by Ramelius for 100% of the shares in Explaurum for consideration of 1 Ramelius share for every 4 Explaurum shares.
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 made a declaration of unacceptable circumstances on 2 October 2018 in relation to the affairs of Bullseye Mining Limited (see TP18/70).