Then followed schedule of their fees and then the following :...

Then followed schedule of their fees and then the following : Westmoon

FORM 529A
Paragraph 5.6.12(2)(a)
CORPORATIONS ACT 2001
NOTICE OF FIRST MEETING OF
CREDITORS OF COMPANY UNDER ADMINISTRATION
COMPASS RESOURCES LIMITED ACN 010 536 820
(Administrators Appointed)
1. Notice is given that on 29 January 2009, the company under Section 436A of the Corporations
Act 2001 appointed Martin Jones and Darren Weaver of Ferrier Hodgson, Level 26 BankWest
Tower, 108 St Georges Terrace, PERTH WA 6000, and Steven Sherman, of Ferrier Hodgson,
Level 13 Grosvenor Place, 225 George Street, SYDNEY NSW 2000, as the Joint and Several
Administrators of the companies.
2. Notice is also given that a meeting of the creditors of the company will be held at the Holiday
Inn, 122 The Esplanade, Darwin, NT on 10 February 2009 at 9:00 am (Central Standard
Time).
3. The purpose of the meeting is to determine:
a. whether to appoint a committee of creditors; and if so,
b. who are to be the committee's members.
4. At the meeting, creditors may also, by resolution:
a. remove the Joint and Several Administrators from office; and
b. appoint someone else as Administrator of the company.
5. Statement of Independence
The Administrators considered the question of their independence prior to accepting appointment
as Administrators. The Administrators first met with the company’s directors/advisors and
confirmed that no conflict of interest existed. Prior to such meeting, and to the best of the
Administrators’ knowledge, no prior relationship existed with the company, its directors and
officers, any associated businesses, subsidiary companies within the meaning of Corporate
Groups or major creditors.
The Administrators intend for their remuneration to be based on hourly rates charged from time
to time by Ferrier Hodgson.
6. Administrators’ Background
The Administrators are Registered Liquidators and Official Liquidators and are partners of Ferrier
Hodgson which is national firm with over 30 partners. The Administrators have experience in all
types of insolvency administrations and corporate recovery assignments.
7. Should you be unable to attend the meeting in person, telephone conference facilities will be
available.
VA-B-022-FH - 2009.01.28 NOTICE OF FIRST MEETING FOR CIRCULAR
These facilities will be available from 8.45am (Australian Central Standard Time) and the
details are:
Australian Toll Free Number: 1800 063705
If you have issues in using this number you may dial: 02 82950913*
Pin Number: 8079887
When you dial in, please follow the prompts, in doing so, you will be required to enter the pin
as above.
If you intend to participate in the meeting by telephone, you must lodge with the
Administrators, no later than 4.00pm (Australian Western Standard Time) on the day
before the meeting.
(a) a properly executed Proxy form; and
(b) a written statement setting out:
(1) the name of the person and of the proxy or Attorney (if any); and
(2) an address to which notices to the person, proxy of attorney may be sent;
and
(3) a telephone number at which the person, proxy or attorney may be
contacted; and
(4) any facsimile transmission number to which notices to the person, proxy or
attorney may be sent.
Should you wish to participate via telephone, I advise that you will be responsible for any
costs you incur in doing so. You will not be entitled to seek reimbursement for any such
costs from the Company or the Administrators.
DATED this 29th day of January 2009.
DARREN WEAVER
Joint and Several Administrator of
Compass Resources Limited