Scheme

• As previously announced, the merger of the Company and Twin Ridge Capital Acquisition Corp. ("Twin Ridge") (NYSE: TRCA) will be effected by way of MergeCo acquiring the Company (via a scheme of arrangement ("Scheme")) and Twin Ridge (via a merger ("Business Combination")) (collectively, the "Transaction").
• The declaration of effectiveness of the Registration Statement, following the completion of the SEC's review of the Registration Statement, permits Twin Ridge to schedule a meeting of its shareholders to approve the Business Combination.
• On September 8, 2023, MergeCo filed with the SEC, and Twin Ridge commenced mailing to its shareholders, the final proxy statement/prospectus contained in the Registration Statement for consideration by Twin Ridge shareholders in approving the Business Combination and related matters at a meeting proposed to be held on September 26, 2023 (New York time) (the "Twin Ridge Shareholder Meeting").
• Redemption requests by TRCA public shareholders must be made two business days prior to the Twin Ridge Shareholder Meeting but may be withdrawn prior to the meeting.

• Newmont Corporation (NYSE: NEM, TSX: NGT) has announced a special meeting of stockholders and the filing of its definitive proxy statement in connection with the Company’s proposed acquisition of Newcrest Mining Limited (ASX, TSX, PNGX: NCM) by way of a Scheme of Arrangement (“Scheme”).
• Newmont notified stockholders that the meeting will take place virtually on Wednesday, October 11, 2023, at 8:00 a.m. Mountain Daylight Time.
• Newmont stockholders will be asked to vote on, among other proposals, the issuance of shares of Newmont common stock in connection with the Scheme.
• Newmont’s Board of Directors unanimously recommends that Newmont stockholders vote in favor of each of the proposals that are included in the definitive proxy statement.

• Allkem Chair Peter Coleman commented "We are pleased to announce the new Board of Directors for the merged company.
• "I would also like to acknowledge both Richard and Martin who will be retiring as directors following completion of the Transaction.
• We are grateful for their experience, leadership, and collaboration on the Livent board and for all of the contributions they have made in getting Livent to its current position."
• The amendment to the Transaction Agreement reflects the decision that the New TopCo Board as of the closing of the Transaction will now comprise 12 members, instead of the previously contemplated 14 members, consisting of six directors nominated by Allkem and six directors nominated by Livent.

• The long-awaited robodebt royal commission report landed today, making searing adverse findings against both politicians and bureaucrats.
• Read more:
  Robodebt royal commissioner makes multiple referrals for prosecution, condemning scheme as 'crude and cruel'

Consequences

• The report leaves a core question unanswered: will anyone ever face consequences for what happened?
• Robodebt Royal Commissioner Catherine Holmes’ decision to keep referrals confidential should be perceived as victim-centred.
• It’s a mechanism that is particularly precious to the marginalised, those failed by the media and party political cycles.

Holmes’ challenge for Australians

• This reflects the arguments of advocates that even if it had been lawful, robodebt was still a scandal.
• The commissioner’s call to consider raising the rate of JobSeeker directs us to the bigger picture.
• Welfare advocates in this country can now forcefully critique any government program that trades on stigma or vulnerability and ignores real-life suffering.
• As the report reads:
  politicians need to lead a change in social attitudes to people receiving welfare payments.

‘Robodebt’: the power of a word

• The report detailed:
  The beginning of 2017 was the point at which Robodebt’s unfairness, probable illegality and cruelty became apparent.
• The government was, the DHS and DSS ministers maintained, acting righteously to recoup taxpayers’ money from the undeserving.
• To Asher Wolf, Lyndsey Jackson, Amy Patterson and the forever anonymous volunteers who built the very word on everyone’s lips.
• The people who were told it was disrespectful and wrong to even use the word “robodebt”.

Change comes from the outside

• Robodebt stands as a warning against rose-tinted visions of the rule of law, or any idea our institutions are inherently self-correcting.
• Commissioner Holmes has named that as the path to real change.