TP18/067

Tribune Resources Limited - Declaration of Unacceptable Circumstances

The Panel has made a declaration of unacceptable circumstances (Annexure A) in relation to an application dated 20 August 2018 by R Hedley Pty Ltd in relation to affairs of Tribune Resources Limited (see TP18/61).

Declaration

Sierra Gold Ltd, Trans Global Capital Limited and Rand Mining Limited are the three largest shareholders of Tribune, holding 16.04%, 16.91% and 26.32% of Tribune shares respectively.

The Panel considered that: