Panel stays out of battle for Queensland Ores

THE Takeovers Panel has declined to conduct proceedings on an application by Metallica Minerals that claims misleading statements made by Outback Metals, as the two companies battle it out for control of Queensland Ores via competing takeover bids.

Panel stays out of battle for Queensland Ores Panel stays out of battle for Queensland Ores Panel stays out of battle for Queensland Ores Panel stays out of battle for Queensland Ores Panel stays out of battle for Queensland Ores

Metallica submitted an application to the Takeovers Panel on April 17 over announcements from Outback that Metallica said were misleading.