Key Facts About Bathurst Resources Legal Claims

Bathurst Resources (ASX:BRL) has been served with legal claims by Talley's Group Limited, a shareholder. The claims, filed on December 18, 2024, target Bathurst, its directors, and another party. These are based on the New Zealand Companies Act 1993 and the Financial Markets Conduct Act 2013. Bathurst is consulting with external legal advisors and plans to update the market once a defense and counter-claim are prepared.

Overview and Future Steps for Bathurst Resources

Bathurst Resources (ASX:BRL) is currently facing legal challenges from Talley's Group Limited, a shareholder, who has filed claims under New Zealand's Companies Act 1993 and Financial Markets Conduct Act 2013. These claims involve Bathurst, its directors, and an additional party, and include an application for derivative proceedings. Bathurst is actively working with external legal counsel to understand the claims and is committed to transparency by planning to update the market after developing a defense. This approach demonstrates Bathurst's proactive stance in managing legal issues and maintaining accountability to its stakeholders.

Executive Commentary on Legal Situation

The announcement was authorized by Richard Tacon, CEO.