Molopo Energy Limited 03R, 04R & 05R

Introduction

  1. The Panel, Peter Day, Ian Jackman SC (sitting President) and Tony Osmond, set aside the declaration made on 30 May 2017 in relation to the affairs of Molopo Energy Limited1 and made a declaration of unacceptable circumstances in substitution. The Panel considered that two substantial shareholders of Molopo, Keybridge and Aurora, were associated and contravened section 6062 and the substantial holder notice provisions.

Molopo Energy Limited 06

Introduction

  1. The Panel, Peter Day, Ian Jackman SC (sitting President) and Tony Osmond, declined a request by ASIC to vary the confidentiality directions given in the Molopo Energy Limited 01 & 02 and Molopo Energy Limited 03R, 04R & 05R proceedings.
  2. In these reasons, the following definitions appply.
    Aurora
    Aurora Funds Management Limited
    Keybridge
    Keybridge Capital Limited (ASX: KBC)
    Mol

Yancoal Australia Limited 04R & 05R - Review Panel Declines to Conduct Proceedings

The review Panel has declined to conduct proceedings on the applications by (i) Senrigan Capital Management Ltd and Mr Nicholas R. Taylor and (ii) Mt Vincent Holdings Pty Ltd and Osendo Pty Ltd, indirect wholly-owned subsidiaries of Noble Group Limited, each seeking a review of the Panel’s decision in Yancoal Australia Limited 02 & 03.

Yancoal Australia Limited 02 & 03 – Panel Declines to Conduct Proceedings

The Panel has declined to conduct proceedings on the applications by (i) Senrigan Capital Management Ltd and Mr Nicholas R. Taylor dated 8 August 2017 and (ii) Mt Vincent Holdings Pty Ltd and Osendo Pty Ltd (indirect wholly-owned subsidiaries of Noble Group Limited) dated 9 August 2017 in relation to the affairs of Yancoal Australia Limited.

Lepidico Limited 02

Introduction

  1. The Panel, Alex Cartel, Elizabeth Hallett (sitting President) and Rebecca Maslen-Stannage, declined to conduct proceedings on an application by Lepidico Limited in relation to its affairs. Lepidico was the subject of an off-market takeover bid by Lithium Australia NL. The application concerned statements made by Lithium in announcements relating to Lithium's proprietary SileachTM process, which Lepidico submitted were misleading.

Lepidico Limited

Introduction

  1. The Panel, Alex Cartel, Elizabeth Hallett (sitting President) and Rebecca Maslen-Stannage, consented to a request by the Australian Securities and Investments Commission to withdraw its application in relation to the affairs of Lepidico Limited. Lepidico was the subject of an off-market takeover bid by Lithium Australia NL. The application concerned a report prepared by Leadenhall Corporate Advisory Pty Ltd reviewing the independent expert's report included in Lepidico's target's statement.
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