Bullseye Mining Limited 05 – Panel Declines to Conduct Proceedings
The Panel has declined to conduct proceedings on an application dated 21 April 2022 from Au Xingao Investment Pty Ltd (Xingao) in relation to the affairs of Bullseye Mining Limited (Bullseye) (see TP22/32). Bullseye is currently the subject of takeover bids by Emerald Resources NL (ASX:EMR) and Xingao.
Among other things, Xingao had submitted that Bullseye (in summary) failed to: