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Bathurst Resources Limited (ASX:BRL)
ALERT: Price-sensitive ASX Announcement for BRL
Current share price for BRL : $0.420 -0.095 (-18.45%)+
Announcement
Release
11 Jun 2026 4:19PM
Price at Release
$0.515
Full Release
Summary
Bathurst Resources Limited (ASX: BRL) provided an update regarding ongoing legal proceedings involving Talleys Group Limited (TGL). TGL initiated two lawsuits against BRL in December 2024, to which BRL responded with counterclaims against TGL, Mr. Andrew Talijancich, and Talleys Energy Limited. Recently, the High Court of New Zealand dismissed TGL's application to pursue a derivative proceeding on behalf of BRL. The court has enforced confidentiality orders regarding aspects of the litigation, including the recent judgment.
Key Points
- BRL provides an update on litigation involving Talleys Group Limited.
- Two proceedings were initiated by Talleys against BRL in December 2024.
- BRL filed counterclaims against Talleys, Andrew Talijancich, and Talleys Energy Limited.
- The High Court of New Zealand dismissed Talleys' application to bring a derivative proceeding.
- Confidentiality orders are in place for the litigation.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.
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