The President of the Panel has made an interim order1 in response to an application for interim orders dated 21 August 2023 by Mr Desmond Mullan in relation to the affairs of Bullseye Mining Limited (Bullseye).

In summary, the interim order restrains Emerald Resources NL (Emerald) from processing any acceptances received from certain Bullseye shareholders under Emerald's current takeover bid for Bullseye. The interim order has effect until the earliest of further order of the President (or, once appointed, the Panel), determination of the proceedings and 2 months from the date of the interim order.

Contact:

Tel: +61 3 9655 3500

Email: takeovers@takeovers.gov.au

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