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26 March 2025
| Name: | MONGOLIAN RESOURCE CORPORATION LTD (MUB) | ||||||
| Date of Listing: | 29 July 2008 | ||||||
| Date of Delisting: | 16 May 2016 | ||||||
| Former Names: |
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Stock Exchange Status:
This entity was delisted from the Australian Securities Exchange on 16 May 2016.Legal Status:
ACN: 127 620 482
To our knowledge this is a current registered entity, not in any form of external administration. Subsequent to delisting it may have changed its name. If you have questions about your shareholding they may be taken up with us here: https://www.delisted.com.au/TraceLostSharesLostMoney/index/.Capital Gains Tax (CGT) Status:
The securities in this entity, in our opinion, are of little or no value. We have made that assessment by reference to the circumstances leading to a suspension and/or delisting, the length of a suspension, share trading history and last on-market share price, most recent financial and cash flow statements, prospects (including likelihood of re-financing), and other factors including in particular whether the entity is in external administration. If you are seeking to crystallise a capital loss on your securities, that process can be easily and quickly initiated at our online Worthless Shares facility here: https://www.delisted.com.au/sell-worthless-and-other-securities/.
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.
Now called: NELSON RESOURCES LIMITED
| Company | FROM | TO |
|---|---|---|
| MONGOLIAN RESOURCE CORPORATION LTD | 16/05/2011 | |
| ALAMAR RESOURCES LIMITED | 16/05/2011 |
REGISTRY:
Security Transfer Australia Pty Ltd
No longer operating
Shareholders in this company should consider crystallising a capital loss in 2024/25 by selling their shares. This process is now much easier and quicker. It can be achieved online by entering transaction details here. While, this usually makes good economic sense we recommend you seek professional advice before buying or selling securities, your accountant is probably the best person. | 10/07/2024 |
company has changed its name to NELSON RESOURCES LIMITED | 24/01/2018 |
we are advised directors are currently Peter Cook, Adam Schofield and Brett Clark | 28/10/2016 |
delisted from the commencement of trading on Monday, 16 May 2016 pursuant to Listing rule 17.12. | 16/05/2016 |
we understand ASX can exercise its discretion to delist a company under Listing Rule 17:12 and has done so in this case because the company failed and its securities have been suspended for more than three years | 16/05/2016 |
more than two years now since this company bothered to provide an update to its shareholders - its directors Haydn Lynch, Jim Malone, Joseph Sponholz and Peter Cook can surely do better than this | 20/12/2015 |
the company provides further information to the market on its ongoing efforts to stabilize and strategically develop the Company | 17/12/2013 |
the Board of Directors sent notarized Resolutions with apostilles by the Australian Department of Foreign Affairs and Trade (DFAT) to MRC" Mongolian counsel for registration with the Mongolian government - these Resolutions and POA" will allow it to gather information on the Mongolian assets, including the tenements and mining licenses related to both the Sujigtei and Blue Eyes mines | 26/08/2013 |
Following the General Meeting of Shareholders held on 4th June 2013, which saw shareholders elect 4 new Directors, the new board has found it difficult to obtain the cooperation of the previous board members, all of whom reside in Mongolia | 28/06/2013 |
At a Board meeting held 4th June 2013, the Directors agreed to seek a suspension of trading of MUB shares whilst the Directors could confirm cash balances in Australia and Mongolia and review funding sources. If approved, we would seek continued suspension until Tuesday 11th June 2013 - Separately, the Directors are seeking to apprise themselves of the current state of company affairs in Mongolia. A Director is travelling to Mongolia, and together with professional advisers, will report back the Board in the near future. The Company will inform the market, through the ASX, of the current state of affairs of the company activities in Mongolia when these have been confirmed. | 07/06/2013 |
the Resolutions contained in the Notice of General Meeting were approved at today's meeting of shareholders on a show of hands. All Resolutions put were carried unanimously | 04/06/2013 |
The securities of Mongolian Resource Corporation Ltd (the "Company") will be suspended from quotation immediately under listing rule 17.3, pending the Company's appointment of sufficient directors to comply with section 201A(2) of the Corporations Act 2001. Security Code: MUB | 14/05/2013 |
shares reinstated | 01/11/2011 |
issues 2011 Annual Report | 28/10/2011 |
suspended from quotation following failure to lodge financial reports | 03/10/2011 |
name changed from Alamar Resources Limited | 16/05/2011 |
Shareholders in this company should consider crystallising a capital loss in 2024/25 by selling their shares. This process is now much easier and quicker. It can be achieved online by entering transaction details here. While, this usually makes good economic sense we recommend you seek professional advice before buying or selling securities, your accountant is probably the best person. | 10/07/2024 |
company has changed its name to NELSON RESOURCES LIMITED | 24/01/2018 |
we are advised directors are currently Peter Cook, Adam Schofield and Brett Clark | 28/10/2016 |
delisted from the commencement of trading on Monday, 16 May 2016 pursuant to Listing rule 17.12. | 16/05/2016 |
we understand ASX can exercise its discretion to delist a company under Listing Rule 17:12 and has done so in this case because the company failed and its securities have been suspended for more than three years | 16/05/2016 |
more than two years now since this company bothered to provide an update to its shareholders - its directors Haydn Lynch, Jim Malone, Joseph Sponholz and Peter Cook can surely do better than this | 20/12/2015 |
the company provides further information to the market on its ongoing efforts to stabilize and strategically develop the Company | 17/12/2013 |
the Board of Directors sent notarized Resolutions with apostilles by the Australian Department of Foreign Affairs and Trade (DFAT) to MRC" Mongolian counsel for registration with the Mongolian government - these Resolutions and POA" will allow it to gather information on the Mongolian assets, including the tenements and mining licenses related to both the Sujigtei and Blue Eyes mines | 26/08/2013 |
Following the General Meeting of Shareholders held on 4th June 2013, which saw shareholders elect 4 new Directors, the new board has found it difficult to obtain the cooperation of the previous board members, all of whom reside in Mongolia | 28/06/2013 |
At a Board meeting held 4th June 2013, the Directors agreed to seek a suspension of trading of MUB shares whilst the Directors could confirm cash balances in Australia and Mongolia and review funding sources. If approved, we would seek continued suspension until Tuesday 11th June 2013 - Separately, the Directors are seeking to apprise themselves of the current state of company affairs in Mongolia. A Director is travelling to Mongolia, and together with professional advisers, will report back the Board in the near future. The Company will inform the market, through the ASX, of the current state of affairs of the company activities in Mongolia when these have been confirmed. | 07/06/2013 |
the Resolutions contained in the Notice of General Meeting were approved at today's meeting of shareholders on a show of hands. All Resolutions put were carried unanimously | 04/06/2013 |
The securities of Mongolian Resource Corporation Ltd (the "Company") will be suspended from quotation immediately under listing rule 17.3, pending the Company's appointment of sufficient directors to comply with section 201A(2) of the Corporations Act 2001. Security Code: MUB | 14/05/2013 |
shares reinstated | 01/11/2011 |
issues 2011 Annual Report | 28/10/2011 |
suspended from quotation following failure to lodge financial reports | 03/10/2011 |
name changed from Alamar Resources Limited | 16/05/2011 |
Your browser may reflect a date of printing in American format.
| NAME | TITLE | DATE OF APPT |
|---|---|---|
| Peter Cook | Chairman, Company Secretary | 04/06/2013 |
| Joseph Sponholz | Director | 04/06/2013 |
| Haydn Lynch | Director | 04/06/2013 |
| Jim Malone | Director | 04/06/2013 |
Date of first appointment, title may have changed.
| NAME | TITLE | DATE OF APPOINTMENT | DATE OF RESIGNATION |
|---|---|---|---|
| Tanan Jargalsaikhan | Director, CFO | 15/03/2012 | 04/06/2013 |
| Tony Bainbridge | Managing Director, CEO | 24/08/2011 | 06/05/2013 |
| Sereeter Jamts | Non Exec Director | 14/03/2012 | 06/05/2013 |
| Naidansuren Jargalsaikhan | Non Exec Director | 11/04/2011 | 06/05/2013 |
| John Hodder | Non Exec Director | 15/03/2012 | 17/02/2013 |
| Stephen Hamblyn | Non Exec Director | 18/06/2012 | 17/02/2013 |
| John Lee | Non Exec Director | 27/07/2011 | 18/06/2012 |
Date of first appointment, title may have changed.
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