Metallica Minerals Limited – Panel Declines to Make Declaration
Following certain actions by Metallica Minerals Limited (ASX:MLM) to address concerns of the Panel, the Panel declined to make a declaration of unacceptable circumstances in response to an application dated 21 May 2024 from Diatreme Resources Limited (ASX:DRX) in relation to the affairs of Metallica (see TP24/026).
Metallica is currently the subject of an off‑market takeover bid by Diatreme.