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26 March 2025
| Name: | CHESSER RESOURCES LIMITED (CHZ) |
| ISIN: | AU000000CHZ1 |
| Date of Listing: | 29 May 2007 |
| Date of Delisting: | 22 September 2023 |
Stock Exchange Status:
This entity was delisted from the Australian Securities Exchange on 22 September 2023.Legal Status:
ACN: 118 619 042ABN: 14 118 619 042
Registration Date: 02 March 2006
Capital Gains Tax (CGT) Status:
To our knowledge this entity was the subject of a takeover or merger such that your securities were acquired for consideration in the form of cash or scrip. You will need to seek independent tax advice in relation to Capital Gains Tax or other tax matters but any other enquiries relating to your shareholding in the company should be followed up via our online form here: https://www.delisted.com.au/TraceLostSharesLostMoney/index/.
Updates, corrections, disagreements please email to admin@delisted.com.au
Further information: deListed and InvestoGain are operated by Investogain Pty Limited which is licensed by ASIC as an Australian Financial Services Licensee (AFSL 334036). deListed acquires only securities that it deems to be of little or no value, in circumstances where the holder is unable to sell their securities on-market in the normal manner. This service has been provided online via the company’s website www.delisted.com.au since 2004.
Getting advice: Information provided in this section is of a general nature and applicable only to Australian tax residents who hold their investments on capital account (ie for long-term investment purposes). It has been prepared without taking into account your financial needs or tax situation. Before acting on the information, deListed suggests that you consider whether it is appropriate for your circumstances and recommends that you seek independent legal, financial, or taxation advice.
Disclaimer: The information provided above is to the best of our knowledge accurate as of today. But you should bear in mind that it is of a general nature and does not constitute financial or tax advice. Investogain Pty Limited accepts no liability for any loss arising from reliance on this information, including reliance on information that is no longer current.
REGISTRY:
Computershare Adelaide
Level 5, 115 Grenfell Street, Adelaide SA 5000
Tel : +61 (0)3 9415 4000 or 1300 850 505 (within Australia)
Fax : +61 8 9473 2408 or 1300 534 987
RegistryWebsite RegistryEmail
delisted at entity's request under Listing Rule 17.11 | 22/09/2023 |
we understand Fortuna Silver Mines Inc. acquired 100% of the share capital of Chesser, the consideration being 0.0248 of a Fortuna common share for each Chesser share | 22/09/2023 |
The scheme of arrangement pursuant to which Fortuna Silver Mines Inc. will acquire 100% of the share capital of Chesser has been implemented. | 21/09/2023 |
The company lodges its Full Year Statutory Accounts. | 21/09/2023 |
The company releases a notification of cessation of securities. | 14/09/2023 |
The company releases a cleansing notice regarding the issued 38,240,688 fully paid ordinary shares pursuant to the exercise of unlisted options and unlisted rights as announced in an Appendix 2A dated 11 September 2023. | 11/09/2023 |
The company releases a notice of application for quotation of securities. | 11/09/2023 |
The securities of Chesser Resources Limited will be suspended from quotation at the close of trading on Thursday, 7 September 2023 under Listing Rule 17.2, following lodgement of the Federal Court of Australia orders with ASIC approving the scheme of arrangement by which Fortuna Silver Mines Inc. will acquire all of the issued shares in CHZ. | 07/09/2023 |
we understand that on or about this date the company made a capital return of 15 cents per share | 24/11/2014 |
The suspension of trading in the securities of Chesser Resources Limited will be lifted immediately, following receipt of an announcement in relation to a potential transaction for the sale of the Kestanelik project. Security Code: CHZ | 25/07/2014 |
The Board of Chesser Resources Limited ("Chesser") has executed a conditional, non-binding Letter of Intent ("LOI") with leading Turkish company, Nurol Holdings, for the sale of Chesser's Kestanelik Gold Project in North Western Turkey. Under the terms of the LOI Chesser would receive cash of USD40 million or approximately AUD42.25 million1 on closing of the transaction which is equivalent to 19.12 cents per share. | 25/07/2014 |
The securities of Chesser Resources Limited (the "Company") will be suspended from quotation from the commencement of trading on Friday, 4 July 2014, at the request of the Company, pending an announcement in relation to a potential transaction for the sale of the Kestanelik project. Security Code: CHZ | 03/07/2014 |
listed entity carried for record purposes only | 29/05/2007 |
delisted at entity's request under Listing Rule 17.11 | 22/09/2023 |
we understand Fortuna Silver Mines Inc. acquired 100% of the share capital of Chesser, the consideration being 0.0248 of a Fortuna common share for each Chesser share | 22/09/2023 |
The scheme of arrangement pursuant to which Fortuna Silver Mines Inc. will acquire 100% of the share capital of Chesser has been implemented. | 21/09/2023 |
The company lodges its Full Year Statutory Accounts. | 21/09/2023 |
The company releases a notification of cessation of securities. | 14/09/2023 |
The company releases a cleansing notice regarding the issued 38,240,688 fully paid ordinary shares pursuant to the exercise of unlisted options and unlisted rights as announced in an Appendix 2A dated 11 September 2023. | 11/09/2023 |
The company releases a notice of application for quotation of securities. | 11/09/2023 |
The securities of Chesser Resources Limited will be suspended from quotation at the close of trading on Thursday, 7 September 2023 under Listing Rule 17.2, following lodgement of the Federal Court of Australia orders with ASIC approving the scheme of arrangement by which Fortuna Silver Mines Inc. will acquire all of the issued shares in CHZ. | 07/09/2023 |
we understand that on or about this date the company made a capital return of 15 cents per share | 24/11/2014 |
The suspension of trading in the securities of Chesser Resources Limited will be lifted immediately, following receipt of an announcement in relation to a potential transaction for the sale of the Kestanelik project. Security Code: CHZ | 25/07/2014 |
The Board of Chesser Resources Limited ("Chesser") has executed a conditional, non-binding Letter of Intent ("LOI") with leading Turkish company, Nurol Holdings, for the sale of Chesser's Kestanelik Gold Project in North Western Turkey. Under the terms of the LOI Chesser would receive cash of USD40 million or approximately AUD42.25 million1 on closing of the transaction which is equivalent to 19.12 cents per share. | 25/07/2014 |
The securities of Chesser Resources Limited (the "Company") will be suspended from quotation from the commencement of trading on Friday, 4 July 2014, at the request of the Company, pending an announcement in relation to a potential transaction for the sale of the Kestanelik project. Security Code: CHZ | 03/07/2014 |
listed entity carried for record purposes only | 29/05/2007 |
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Purchases Sales
| DATE | DIRECTOR | NATURE | NUMBER | PRICE | AMOUNT |
|---|---|---|---|---|---|
| 27/05/2022 | Simon O'Loughlin | 500,000 | $0.093 | $46,430 | |
| 03/05/2021 | Andrew Grove | 350,000 | $0.140 | $49,000 | |
| 07/12/2017 | Simon Taylor | 500,000 | $0.058 | $29,000 | |
| 07/12/2017 | Simon O'Loughlin | 500,000 | $0.058 | $29,000 | |
| 07/12/2017 | Stephen John Kelly | 500,000 | $0.058 | $29,000 |
| NAME | TITLE | DATE OF APPT |
|---|---|---|
| Mark Somlyay | CFO | 01/10/2022 |
| Kevin O'Reilly | Director | 21/09/2023 |
| Stephen John Kelly | Director, CFO, Company Secretary | 15/11/2012 |
| Paul Weedon | Director | 21/09/2023 |
Date of first appointment, title may have changed.
| NAME | TITLE | DATE OF APPOINTMENT | DATE OF RESIGNATION |
|---|---|---|---|
| Mark Connelly | Non Exec Chairman | 10/07/2020 | 21/09/2023 |
| Andrew Grove | Managing Director, CEO | 01/02/2021 | 21/09/2023 |
| Robert Greenslade | Non Exec Director | 08/04/2020 | 21/09/2023 |
| Simon Taylor | Non Exec Director | 29/03/2007 | 21/09/2023 |
| Simon O'Loughlin | Non Exec Director | 02/03/2006 | 21/09/2023 |
| Mike Brown | Managing Director, CEO | 05/11/2018 | 01/02/2021 |
| Gabriel Radzyminski | Non Exec Chairman | 18/02/2015 | 14/03/2016 |
| Frank Terranova | Non Exec Chairman | 13/02/2015 | 13/10/2015 |
| Philip Amery | Non Exec Director | 13/02/2015 | 13/10/2015 |
| Robert Reynolds | Non Exec Chairman | 31/10/2012 | 13/02/2015 |
| Peter Lester | Non Exec Director | 31/10/2012 | 13/02/2015 |
| Morrice Cordiner | Non Exec Director | 27/06/2012 | 13/02/2015 |
| Richard Valenta | Managing Director, CEO | 01/07/2007 | 30/01/2015 |
| Stephen Evans | Non Exec Chairman | 29/03/2007 | 31/10/2012 |
| Creagh O'Connor | Non Exec Director | 01/07/2007 | 31/10/2012 |
| Kerry Angel | CFO | 09/06/2010 | 30/09/2012 |
Date of first appointment, title may have changed.
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