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ALT RESOURCES LIMITED (ASX.ARS)

ASX, Legal & CGT Status
Former (or subsequent) names

 

Shareholder links
Our website ranking of ARS: rating 3
(3 out of 5)
COMPANY WEBSITE:

 

REGISTRY:
Boardroom Pty Ltd
Level 8, 210 George Street, Sydney NSW 2000
Tel : +61 2 9290 9600 or 1300 737 760
Fax : +61 2 9279 0664 or 1300 653 459
RegistryWebsite RegistryEmail

Company details
ISIN: AU000000ARS9
Address: 11 – 13 Baggs Street JINDABYNE NSW 2627
Tel:  1300 660 001 Fax: 02 4910 2510

Date first listed: 23/12/2015

Sector: Materials
Industry Group: XMJ

delisted from the close of trading on Friday, 11 September 2020, pursuant to Listing rule 17.14.

11/09/2020

we understand Aurenne Ularring Pty Ltd was successful with an offer of $0.0505 cash per Alt Resources share

11/09/2020

The securities of Alt Resources Limited will be suspended from quotation at the close of trading on Tuesday, 8 September 2020 in accordance with Listing Rule 17.4, following despatch of the compulsory acquisition notices by Aurenne Ularring Pty Ltd.

08/09/2020

The suspension of trading in the securities of Alt Resources Limited will be lifted immediately, following the release by ARS of an announcement regarding a corporate transaction and receipt of a response to a price query.

07/05/2020

The company issues a notice of Proposed issue of Securities - ARS.

07/05/2020

The company received a proposal from AurenneGroup Holdings Pty Limited of its intention to make a conditional off-market takeover offer through a wholly owned subsidiary to acquire 100% of the shares in Alt Resources for consideration of: A$0.0505 for every 1 Alt Resources share held; Including Alt Resources shares issued upon the exercise of existing unlisted Options; Including 29,127,000 Alt Resources sharesto be issued upon receipt of shareholder approval or board approval (as required) as part of agreed performance incentives for Directors, key executives and staff.

07/05/2020

The company issues a Response to ASX Price Query.

07/05/2020

Alt Resources expects the voluntary suspension to last until the commencement of trading on Thursday, 7th May 2020, by when it expects to release the announcement in relation to a corporate transaction.

05/05/2020

The results show Mt Ida and Bottle Creek ore types tested are generally free milling and report average LOM gold extraction rates of 91.8%. Optimum grind size being 80% passing 45 micron after 48hr leaching. No deleterious elements were present (As, Sb, Te, Hg or C). Comminution tests indicate low to moderate hardness and moderate abrasion. Bond work index testing ranges from 6 to 15.6kWhr/tonne. Reagent consumption rates are in the low to moderate range, indicative of other oxide gold projects.

05/05/2020

The company lodges its Quarterly Activities Report.

30/04/2020

The company lodges its Quarterly Cashflow Report.

30/04/2020

The securities of Alt Resources Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of ARS, pending the release of an announcement regarding metallurgical results.

30/04/2020

The suspension of trading in the securities of Alt Resources Limited will be lifted immediately, following the release by ARS of an announcement regarding a capital raising.

05/08/2019

The company has received firm commitments to raise $4,000,000 at $0.025 per share before costs. The share placement was oversubscribed showing exceptional support from investors. DJ Carmichael acted as the sole lead manager for the placement, which is to be conducted over two tranches. Funds raised will be used for ongoing development of the company's Mt. Ida and Bottle Creek Gold Project. An aggregated 160,000,000 fully paid ordinary shares in the capital of the company will be issued under the placement at an issue price of $0.025 per share.

05/08/2019

The securities of Alt Resources Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of ARS, pending the release of an announcement regarding a capital raising.

02/08/2019

The suspension of trading in the securities of Alt Resources Limited will be lifted immediately, following the release by ARS of an announcement regarding a capital raising.

04/06/2019

The company has received firm commitments to raise $1,351,400 at $0.02 per share before costs. The share placement was strongly supported and will provide funding for planned exploration at the Company's Mt Ida Projects and for working capital. DJ Carmichael Pty Limited has acted as the sole Lead Manager for the placement, which will be conducted over two tranches.

04/06/2019

The securities of Alt Resources Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of ARS, pending the release of an announcement regarding a capital raising.

03/06/2019

The suspension of trading in the securities of ALT Resources Limited will be lifted immediately, following the release by ARS of an announcement regarding a capital raising.

08/11/2018

The company is proposing to undertake a capital raising to raise up to $2.5 million before issue costs. The raising consists of a placement of shares to raise $2.3 million and Director loan to the Company of $200,000. The share issue comprises a placement to sophisticated and professional and existing investors and Directors of the Company.

08/11/2018

The securities of ALT Resources Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of ARS, pending the release of an announcement regarding a capital raising.

06/11/2018

listed entity carried for record purposes only

23/12/2015
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    Directors' on-market share transactions (last 5)

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    Purchases Sales

    DATEDIRECTORNATURENUMBERPRICEAMOUNT
    02/07/2018Clive Buckland150,000$0.051$7,650
    01/03/2017Clive Buckland80,000$0.092$7,400
    06/02/2017Neva Collings139,400$0.100$13,940

    Click here for the last 20 transactions all companies

    Directors & Executives (current)
    NAMETITLEDATE OF APPT
    James AndersonCEO01/06/2014
    Carl RoseDirector02/09/2020
    Margaret BriceDirector02/09/2020
    Mark HoddinottDirector02/09/2020
    Elissa HansenCompany Secretary

    Date of first appointment, title may have changed.

    Directors & Executives (former)
    NAMETITLEDATE OF APPOINTMENTDATE OF RESIGNATION
    Bill EllisExecutive Chairman23/12/201502/09/2020
    Grant HardingNon Exec Director22/01/202002/09/2020
    Neva CollingsNon Exec Director23/12/201502/09/2020
    Andrew SparkeDirector28/08/201802/09/2020
    Clive BucklandExecutive Director23/12/201508/03/2019
    Russell FountainNon Exec Director23/12/201507/10/2016
    Jane BarronNon Exec Director23/12/201507/10/2016

    Date of first appointment, title may have changed.