News: FND Australian Government Takeovers Panel Affirms Decision Of Initial Panel On Finders...

June 6 (Reuters) - AUSTRALIAN GOVERNMENT TAKEOVERS PANEL :

• HAS AFFIRMED DECISION OF INITIAL PANEL TO MAKE DECLARATION OF UNACCEPTABLE CIRCUMSTANCES IN FINDERS RESOURCES LTD
• ALSO SET ASIDE THE INITIAL PANEL’S DECISION TO MAKE ORDERS & MADE NEW ORDERS
• REFERS TO APPLICATION RECEIVED FROM TAURUS FUNDS MANAGEMENT SEEKING A REVIEW OF PANEL'S DECISION ON APRIL 30
• REMAINING ORDERS TO PROTECT RIGHTS & INTERESTS OF EASTERN FIELD BY ALLOWING IT TO DEFER PAYMENT FOR BUYING TAURUS’S SHARES UNTIL NOV 30
• COMPENSATION ORDERS WILL PROTECT THE RIGHTS & INTERESTS OF PERSONS WHO BOUGHT FINDERS SHARES ON MARKET ABOVE EASTERN FIELD BID PRICE