PROTEAN ENERGY LIMITED (ASX.POW)

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.

delisted by ASX under Listing Rule 17.12

we understand the company was delisted because its securities have been suspended from trading for a continuous period of more than 2 years

The company has terminated its agreement to acquire Aurora Minerals Pty Ltd, citing a key condition precedent. The proposed capital raising has been cancelled, and the prospectus has been withdrawn. The company will not seek an extension to its automatic removal from the ASX list, and the directors plan to restructure the company in the short term.

The company announced at its General Meeting that shareholders have resolved to create Performance Shares, varying the rights attached to existing ordinary shares in the company's capital.

The company releases an update of its notice of security consolidation or split.

The company releases the constitution and the results of its general and annual general meeting.

The company has extended the closing date for its Prospectus from November 15, 2024, to December 6, 2024 due to the delay between the original and replacement Prospectus.

The company lodges its replacement prospectus.

The company lodges its Quarterly Activities/ Appendix 4C Cash Flow Report.

ASX releases a notice regarding long-term suspended entities. The company's securities have been suspended for more than 3 months. If an entity does not meet the 1 or 2 year deadlines, it will be removed from the official list. The removal will usually take effect from the open of trading on the first trading day after the deadline date.

The company has been granted an extension to the deadline for automatic removal from the official list to 10 January 2025. The company has entered into a share sale agreement to acquire Aurora Minerals Pty Ltd's capital, focusing on rare earths and niobium. The company plans to seek shareholder approval for the acquisition and public offer.

The company releases a letter to shareholders that it will hold its Annual General Meeting of its shareholders at Pathways Corporate, Level 3, 101 St Georges Tce, Perth WA 6000 at 10.00 am (WST) on Thursday, 14 November 2024.

The company releases a prospectus that proposes a public offer of 250,000,000 shares at $0.02 per share, raising $5,000,000, subject to certain conditions, which will not be issued until met.

The company releases a letter to shareholders that it advises that it will hold a General Meeting of its shareholders at Pathways Corporate, Level 3, 101 St Georges Tce, Perth WA 6000 at 10.30 am (WST) on Thursday, 14 November 2024.

The company releases a notice of consolidation of securities. Shareholders get 50 shares for every 143 presently owned.

The company releases a notice of proposed issue of securities.

POW has entered into a binding agreement to acquire a 100% interest in two mineral exploration projects located in James Bay, Canada, which cover an area of approximately 523 km2. POW intends to raise $5 million (before costs) via a public offer to support the exploration of these newly acquired properties. POW will change its name to "˜Aurora Rare Earths Limited' and re-comply with Chapters 1 and 2 of the ASX Listing Rules as a junior exploration company with a focus on rare earths, niobium and other critical minerals pivotal in the energy transition.

The Company intends to hold its AGM on 14 November 2024. The closing date for the receipt of nominations from persons wishing to be considered for election as a director is Thursday, 26 September 2024. Any nominations must be received at the Company's registered office no later than 5.00pm (Perth time) on Thursday, 26 September 2024.

The company releases its Appendix 4G and Corporate Governance Statement.

The company lodges its Appendix 4E and Annual Report to Shareholders.

The securities of the company have been suspended for more than three months. If an entity does not meet the 1 or 2 year deadlines, it will be removed from the official list. The removal will usually take effect from the open of trading on the first trading day after the deadline date.

The company lodges its Quarterly Activities/Appendix 4C Cash Flow Report.

BDO Audit Pty Ltd has been appointed as auditor of the Company. The appointment follows the resignation of BDO Audit (WA) Pty Ltd (BDO WA) and ASIC's consent to the resignation in accordance with s329(5) of the Corporations Act 2001 (the Act). The change of auditor arose as a result of BDO WA restructuring its audit practice whereby audits will be conducted by BDO Audit, an authorised audit company, rather than BDO WA.

The company lodges its Quarterly Activities/Appendix 4C Cash Flow Report.

The company lodges its Appendix 4D & FY24 Interim Financial Report.

The company lodges its Quarterly Activities/Appendix 4C Cash Flow Report.

The company releases a notification of cessation of securities.

The company releases the results of its meeting.

The company lodges its Quarterly Activities/Appendix 4C Cash Flow Report.

A corrected proxy form was sent to the company's shareholders.

The company releases a letter to its shareholders regarding the upcoming AGM on 13 November 2023.

The company's AGM will be held at 10:00am (WST) on Monday, 13 November 2023 at Pathways Corporate Pty Ltd Level 3, 101 St Georges Tce Perth WA 6000.

The Company intends to hold its Annual General Meeting on Monday 13 November 2023. An item of business on the AGM agenda will be the re-election of Directors. The closing date for the receipt of nominations from persons wishing to be considered for election as a director is Friday, 22 September 2023. Any nominations must be received at the Company's registered office no later than 5.00pm (Perth time) on Friday, 22 September 2023.

The company releases its Appendix 4G and Corporate Governance Statement.

The company lodges its Appendix 4E and Annual Report to Shareholders.

The company lodges its Quarterly Activities/Appendix 4C Cash Flow Report.

The company lodges its Quarterly Activities/Appendix 4C Cash Flow Report.

The company lodges its Appendix 4D & FY23 Interim Financial Report.

The company lodges its Quarterly Activities/Appendix 4C Cash Flow Report.

The company releases the results of its meeting.

The company releases a letter to its shareholders regarding the upcoming AGM.

The company's AGM will be held at 9:00am (WST) on Monday, 28 November 2022 at Pathways Corporate Pty Ltd Level 3, 101 St Georges Tce Perth WA 6000.

The company lodges its Quarterly Activities/Appendix 4C Cash Flow Report.

The securities of Protean Energy Limited will be suspended from quotation at the close of trading on Monday, 10 October 2022 under Listing Rule 17.3. ASX has determined that POW's operations are not adequate to warrant the continued quotation of its securities and therefore is in breach of Listing Rule 12.1. The suspension will continue until POW is able to demonstrate compliance with Listing Rule 12.1 of the Listing Rules.

The suspension of trading in the securities of Protean Energy Limited will be lifted immediately, following the release by POW of an announcement clarifying POW's announcement dated 29 May 2020.

The Company wishes to retract the Announcement relating to Margaret Lake's activities on the following basis: The global rights licensing agreement between Protean's 50% owned subsidiary KORID Energy Co. Ltd and Margaret Lake remains conditional and incomplete. The information within Margaret Lakes' announcement relating to the status of the Licensing Agreement is inaccurate and cannot be relied upon. The announcement inaccurately depicts the status of Margaret Lake's interest in KORID and its technologies. Until such time as the Licensing Agreement has completed, Margaret Lake holds no interest in KORID Energy Co. Ltd or its related patented technologies.

The securities of Protean Energy Limited will be suspended from quotation from the commencement of trading on Wednesday, 3 June 2020 under Listing Rule 17.2, at the request of POW, pending the release of an announcement clarifying POW's announcement dated 29 May 2020.

The Rights (POWR) of Protean Energy Limited offered under the Company's prospectus dated 17 May 2017 will be suspended from quotation immediately.

we understand that on or about this date the company consolidated its shares 1 for 30

The suspension of trading in the securities of Protean Energy Limited will be lifted immediately following receipt of an announcement regarding a capital raising.

The company has entered into a share purchase agreement with a sophisticated Korean investor to sell 1,250,000 KORID Inc shares at a price of 350 KWON per share providing net proceeds of approximately A$500,000. Additionally, the Company has secured a $650,000 loan facility with a small number of existing shareholders. The Company also announces it intends to seek shareholder approval to undertake a share consolidation to reduce the number of shares on issue. The consolidation will be to one ordinary share for every thirty (30) existing ordinary shares held in the Company.

KORID received notice from the Korean Stock Exchange it will not be delisted from the exchange. The notice follows a rigorous appeal process and reflects KORID's commitment to shareholders to remain a public company. KORID's trading halt will be lifted subject to the progress of its restructuring plan over the next twelve months and a review by KOSDAQ. The latest developments will not affect the joint venture agreement between the two parties and Protean will continue to hold its shareholding of 2,321,748 shares in KORID. In relation to the recently announced acquisition of a 50% stake in KORID Energy Limited, a subsidiary of KORID Inc, the Company continues to finalise the definitive agreements and expects to complete the process in the next two weeks.

The suspension was requested to enable the company to manage its continuous disclosure obligations with respect to an announcement regarding a capital raising. The company is currently finalising the terms of the capital raising and expects its voluntary suspension to remain in place until 24 February 2017.

The company advises that in accordance with listing rule 3.10A, the following securities are due to be released from escrow on 22 February 2017: 77,167,062 ordinary fully paid shares; 667,062 Options exercisable at $0.0375 on or before 31/12/2018; 4,500,000 Options exercisable at $0.0375 on or before 30/11/2018; 9,000,000 Options exercisable at $0.05 on or before 30/11/2018; 13,500,000 Options exercisable at $0.0625 on or before 30/11/2018; 18,000,000 Options exercisable at $0.075 on or before 30/11/2018; and 101,648,148 Class A Performance Shares.

The securities of Protean Energy Limited will be suspended from official quotation from the commencement of trading on Tuesday, 7 February 2017, pending an announcement regarding a capital raising.

name changed from Protean Wave Energy Limited