The Panel has made interim orders1 in response to an application for interim orders by Thomas Reddicliffe in relation to the affairs of Merlin Diamonds Limited.
In order to maintain the status quo while it considers the application, the Panel has ordered that, in the absence of Panel consent, the persons referred to in the interim orders must not dispose of, transfer, charge or otherwise deal with their securities in Merlin Diamonds Limited.
The Panel has received an application from Thomas Reddicliffe in relation to the affairs of Merlin Diamonds 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.
Merlin Diamonds Limited is a listed diamond exploration and development company (ASX code: MED).
The Panel today published the reasons for its decision on an application dated 22 September 2016 from Mr Warwick Sauer in relation to the affairs of Regal Resources Limited.
Details of the Panel's decision can be found at TP16/74.
The Panel's reasons for its decision can be found on the Panel's website.
The sitting Panel was Michelle Jablko (sitting President), Denise McComish and Robert McKenzie.
The Panel has made a declaration of unacceptable circumstances (Annexure A) and final orders (Annexure B) in relation to an application dated 22 September 2016 by Mr Warwick Sauer in relation to the affairs of Regal Resources Limited (see TP16/68).
The Panel today published the reasons for its decision on an application made on 29 September 2016 by Jervois Mining Limited in relation to its affairs.
Details of the Panel's decision can be found at TP16/72.
The Panel's reasons for its decisions are on the Panel's website.
The sitting Panel was Peter Day, Sarah Dulhunty (sitting President) and Bruce McLennan.
The Panel has declined to conduct proceedings on an application made on 29 September 2016 by Jervois Mining Limited (JRV) in relation to its affairs (see TP16/71).
The Panel has received an application from Jervois Mining Limited in relation to its affairs.
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.
Jervois Mining Limited (JRV) is a listed mineral exploration company (ASX code: JRV).
The President has accepted an undertaking from Ndovu Capital VI B.V. in relation to the application dated 22 September 2016 by Mr Warwick Sauer (see TP16/68).
Ndovu has undertaken in effect not to dispose of, transfer, charge or otherwise deal with the shortfall shares issued to it as underwriter of Regal Resources Limited's recently completed entitlement offer.
A copy of the undertaking is attached.