The Panel, Sarah Dulhunty (sitting President), Andrew Low and Sophie Mitchell, made a declaration of unacceptable circumstances and accepted undertakings in lieu of orders in relation to the affairs of Gondwana Resources Limited. The application concerned a 1 for 1 non-renounceable entitlement issue and its potential effect on control. The Panel considered, among other things, that all reasonable steps to minimise the potential control effect of the entitlement issue were not taken.

The Panel, Karen Evans-Cullen, Robert Johanson (sitting President) and Francesca Lee, consented to the withdrawal of the application dated 14 May 2014 by Dampier Gold Limited in relation to its affairs. The application concerned funding and disclosure in relation to an off-market bid by Ord River Resources Limited. The bid was withdrawn with ASIC’s consent.