Atlas Iron Limited - Panel Receives Application
The Panel has received an application from NCZ Investments Pty Ltd in relation to the affairs of Atlas Iron Limited. Atlas Iron is currently the subject of an off-market takeover bid by Redstone Corporation Pty Ltd for 100% of the ordinary shares of Atlas which it does not currently have a relevant interest in for $0.042 per share.
Details of the application, as submitted by the applicant, are below.