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SUPERSORB ENVIRONMENTAL NL (ASX.SUP)

ASX, Legal & CGT Status
Former (or subsequent) names
CompanyFROMTO
NUCOAL RESOURCES LIMITED25/01/2012
NUCOAL RESOURCES NL27/01/201025/01/2012
SUPERSORB ENVIRONMENTAL NL28/12/200127/01/2010
TALON RESOURCES NL28/12/2001
Shareholder links

 

REGISTRY:
Computershare Perth
Level 17, 221 St Georges Terrace, Perth WA 6000
Tel : +61 (0)3 9415 4000 or 1300 850 505 (within Australia)
Fax : +61 3 9473 2500
RegistryWebsite RegistryEmail

Company details
Address: 30 Graham Street , ALBANY , WA, AUSTRALIA, 6330
Tel:  (08) 9842 1955 Fax: (08) 9842 1644

Date first listed: 31/05/1996

Sector: Commercial Services & Supplies
Industry Group: XNJ
Activities: Miner and producer of Spongolite, Diatomite, Zeolite and Kaolinite - these minerals are used in the provision of products for the home consumer, industrial use and other commercial applications - looking at other mineral exploration

name changed to Nucoal Resources NL

27/01/2010

the capital raising pursuant to the prospectus lodged with ASIC on 2 December 2009 has closed fully subscribed - the Board is currently reviewing applications. Allotment will be made following completion of the 1 for 144 consolidation of capital

18/01/2010

at the General Meeting held on 29 December 2009 all resolutions were passed on a show of hands

29/12/2009

releases Annual Report 30 June 2009 and Half Yearly Report and Accounts December 2008

23/12/2009

releases a prospectus for the offer of: 50,000,000 Shares at an issue price of 20 cents per Share to 1. raise $10,000,000 (Public Offer). 15,575,000 Shares to the Facilitators (Facilitation Offer). 2. 470,000,000 Shares to the Vendors (Vendor Offer). 3. 4,000,000 Shares to the Creditors (Creditor Offer) 4. 5,000,000 Shares to the Existing Directors (Director Offer) 5. 15,000,000 Shares to the Note Shareholders (Conversion 6. Offer

10/12/2009

Notice is given that a General Meeting of Shareholders of Supersorb Environmental NL will be held at Level 24 St Martins Tower, 44 St Georges Terrace on 29 December 2009 commencing at 10 am (WST) - to consider among other things the consolidation of the Existing Shares and Partly Paid Shares in the Company on a 1 for 144 basis (the Company has applied to the ASX and received a waiver from Listing Rule 10.3.3 to the extent necessary to issue shares to related parties later than one month from the date of the shareholders meeting)

25/11/2009

company is no longer in administration - Computershare is apparently not operating the register as it believes the company is still in administration - we are seeking clarification

16/09/2009

Trident Capital Pty Ltd has advised the Company that they are in advanced discussions with several parties who have expressed interest in vending their project into the Company. Trident Capital Pty Ltd continues to work through the necessary steps to recapitalize the Company and to have the securities of the Company reinstated to official quotation. A Notice of Meeting proposing the required resolutions to give effect to the recapitalization of the Company is expected to be completed and forwarded to shareholders shortly

11/08/2009

releases Full Year Statutory Accounts and Half Yearly Report and Accounts 31 December 2007

24/12/2008

ASX announces that the Company had failed to pay its annual listing fees in respect of the year ended 2009 and remained suspended from official quotation

25/08/2008

control of the company reverts to the directors who intend recapitalising the company

07/07/2008

the Deed of Company Arrangement executed by the company on 4 July 2008 is wholly effectuated

07/07/2008

company executes a Deed of Company Arrangement

04/07/2008

Trident Capital Pty Ltd is approved as the proponent to undertake the restructure and recapitalisation of the Company

13/06/2008

creditors resolve that the company enter into a Deed of Company Arrangement

13/06/2008

the reconvened meeting of creditors to consider the company's future is to be held on June 13

04/06/2008

administrators report to creditors - at a meeting on 9 April 2008, creditors are being asked, among other things, to decide whether to enter into a Deed of Company Arrangement, adjourn the meeting (Administrators recommending) or other options

28/04/2008

the company advises that today it has appointed Messrs Kim Strickland, Christopher Williamson and David Hurt of SimsPartners, Chartered Accountants, Level 12, 40 St George's Terrace, Perth, WA, 6000, as Joint and Several Voluntary Administrators of Supersorb Environmental NL and its wholly-owned subsidiary Supersorb Minerals NL

22/02/2008

company announces that the sale of the company's RiverSafe garden products business was completed on 31 August 2007 - the purchaser of the business is Oceania Industries Australia Pty Ltd - the purchase price was $125,000

06/09/2007

company says it is "focusing on quality exploration projects, exposure to high mineral commodity prices for tin and molybdenum, and a timely resumption of ASX trading" - a prospectus is being prepared - the loan to ADE Environmental matures at the end of the September 2007 quarter - negotiations are continuing with ADE on the receipt of the $4.8 million balance (including accrued interest), which remains a high priority in order to achieve mineral exploration objectives and the re-listing on ASX

01/08/2007

company advises of the sale of the company's Zeolite operations at Willows, Central Queensland to Queensland Zeolite Pty Ltd ("QZPL") which was completed on 31 May 2007 - the total sale price is $470,000

01/06/2007

the Company's wholly owned subsidiary Supersorb Minerals NL ("SMNL") has entered into an Asset Sale Agreement with Queensland Zeolite Pty Ltd ("QZPL") for the sale of the Company's Zeolite operations at Willows, Central Queensland ("Zeolite Assets") - the Zeolite Assets includes the zeolite mining and processing operations at Willows, Queensland, the zeolite storage and processing facility at Duaringa, Queensland, the benefits of all contracts, supply agreements and business goodwill, the zeolite mineral tenements (ML80078 and EPM 13030) and kaolinite mineral tenements (ML's 70253, 7453, 7454) - the total purchase price is $470,000

16/05/2007

lodges March 2007 Quarterly Report

02/05/2007

company announces that the company's wholly owned subsidiary Supersorb Minerals NL has completed the sale of its freehold land at Duaringa in Queensland - the company has received a final settlement payment of $366,239.70 (inclusive of GST) after receiving a deposit of $17,500 in September 2006

15/03/2007

releases a quarterly report - during the current March 2007 Quarter the company expects to finalise the sale of its zeolite assets and RiverSafe retail business - it is also intended to seek necessary shareholder approvals for the new exploration farm in proposals - the preparation of a disclosure document (Prospectus) and seeking a resumption of ASX trading will be subject to the timing of receipt of funds from ADE

02/02/2007

company announces that all resolutions put to the Annual General Meeting of the Company, held today, were passed on a show of hands of those present at the meeting

20/12/2006

ASIC has granted the company an extension of time to hold its Annual General Meeting to 20 December 2006

23/11/2006

provides notice of Annual General Meeting to be held at The Albany Golf Club, Barry Court Albany, WA, 6330 on 20 December 2006 commencing at 2:00PM WST

15/11/2006

lodges 2006 annual report

14/11/2006

company issues its quarterly activities report for the period ended 30th September 2006

01/11/2006

announces that its wholly owned subsidiary Supersorb Minerals NL ("SMNL") has entered into a contract for the sale of its freehold land at Duaringa (Queensland) for a total sale price of $350,000

18/09/2006

company announces that it has completed the acquisition of 100% of the issued capital of Friends Exploration Pty Ltd ("Friends") - the completion of the acquisition of Friends gives Supersorb rights to acquire a 100% interest in molybdenum and tin exploration projects in North Queensland

28/08/2006

the company has entered into a Heads of Agreement to acquire 100% of the issued capital of Friends Exploration Pty Ltd ("Friends") - Friends is an exploration company that holds rights to acquire a 100% interest in two exploration projects in North Queensland

27/07/2006

releases half yearly accounts and report

16/06/2006

Mr Craig Lemon will take on the role of Company Secretary - Mr Lemon will replace Mr Mark Pitts who has resigned because of other commitments

07/06/2006

company lodges its quarterly report to 31 March 2006 - a change in corporate direction is planned - directors are to proceed with the sale of existing assets and "evaluation of mineral exploration opportunities"

02/05/2006

the company advises it is still assessing a number of resource opportunities

14/03/2006

the company releases the chairman's address to the AGM

19/12/2005

the company advises that all resolutions put to the Annual General Meeting of the Company, held today, were passed on a show of hands of those present at the meeting

19/12/2005

lodges annual report and provides a notice of an annual general meeting to be held at the Esplanade Hotel, Adelaide Terrace, Albany, Western Australia on Monday 19 December 2005 at 3 pm

23/11/2005

lodges first quarter activities report for the period to 30 September 2005 - it states that it is a priority of the Board of Directors to seek the lifting of the current ASX trading suspension following on from the completion of the asset sale to ADE

31/10/2005

company advises that the payment of part of the A$6.0 million purchase price by ADE has been deferred for 120 days - Supersorb received A$2.0 million at completion, and has entered into a 120 day term commercial loan agreement with ADE for the remaining A$4.0 million payment - directors are looking to have the ASX share trading suspension lifted as soon as is possible

19/10/2005

the address of the new Registered Office is: 30 Graham Street Albany, Western Australia 6330 Telephone: 08 9842 1955 Facsimile: 08 9842 1644 Email: enquiries@supersorb.com.au

14/10/2005

company advises that the sale of the Company's absorbent mineral operations (owned by subsidiaries Supersorb Minerals NL and Australian Diatomite Mining Pty Ltd) to ADE Environmental Pty Ltd was completed on Friday 30 September

03/10/2005

completion of the $6.0 million sale of absorbent mineral assets to ADE Environmental NL has been further delayed - the final date for completion of the sale has been extended to 14 September 2005

02/09/2005

completion of the $6.0 million sale of absorbent mineral assets to ADE Environmental NL has been further delayed - the final date for completion of the sale has been extended to 1 September 2005 - the company intends to apply to ASX for the lifting of the current trading suspension after the completion of this asset sale

02/08/2005

see notes below - due to further delays arising from procedural matters, mainly in relation to transfer of tenements, the parties to the Agreements have agreed to further extend from 30 June 2005 to 31 July 2005 the deadline for satisfaction of the remaining conditions

04/07/2005

see notes below - due to further delays arising from procedural matters in relation to transfer of tenements, the parties to the Agreements have agreed to further extend from 31 May 2005 to 30 June 2005 the deadline for satisfaction of the remaining conditions

02/06/2005

while shareholders approved the sale of absorbent mineral assets to ADE Pty Ltd for A$6.0 million at the 2004 AGM (31 January 2005), the final date for completion of the sale has been extended to 31 May 2005 in order to finalise tenement transfer arrangements

29/04/2005

the parties to the Agreements (see note of 31/01/2005 below) have agreed to extend from 31 March 2005 to 29 April 2005 the original deadline date for satisfaction of the conditions precedent to completion of the Transaction. This date has been extended to allow further time for these conditions precedent to be satisfied

06/04/2005

lodges half yearly report

28/02/2005

chairman in his address says the cost associated with our on going investment in the future of zeolite products is the main reason why your Company has continued to record an operating net loss - board recommends acceptance of $6 million cash offer to purchase the absorbent mineral assets and associated contracts from ADE Pty Ltd - as a result Supersorb will become effectively debt-free and strongly cashed up allowing the company to continue to develop with more focus the zeolite-based products including the new retail horticulture products which are at a critical stage of commercialization - hopeful that will lead to the lifting of the ASX trading suspension after the conclusion of the transaction

31/01/2005

all resolutions put to the Annual General Meeting today were passed

31/01/2005

files quarterly report to 31/12/04 and indicates that shareholders will be asked to vote at the 2004 AGM (31 January 2005) on the proposed sale of the absorbent mineral assets to ADE Pty Ltd for A$6.0 million cash - the proposed asset sale will ensure that the Company has strong cash reserves and ability to focus on zeolite-based product development - directors say they are currently assessing proposals to gain interests in other resource-based project opportunities that have been identified as possible growth opportunities for the company

28/01/2005

the company notifies of a delayed 2004 AGM for 31 January 2005 (not 2004 as the Notice states!)

30/12/2004

directors are currently assessing proposals to "gain interests in other resource-based project opportunities that have been identified as possible growth opportunities" for the company - an announcement on these matters will be made at the earliest opportunity

30/12/2004

subject to shareholder approval the Company is to sell its absorbent mineral operations for a consideration of $6m

23/12/2004

lodges annual report

21/12/2004

company advises DOCA has been wholly effectuated and therefore is now terminated - also Taylor Woodings have ceased to act as Joint and Several Receivers of Supersorb Minerals NL in respect to certain assets - it would appear therefore control of this company is completely in the hands of its directors

22/10/2004

advises of a "strategic corporate partnership" with International Environmental Management Limited, an unlisted Singapore based company - no details of the alliance are given

09/07/2004

announces settlement with owner and occupier of the land on which the company conducts its WA operations - this should pave the way for conclusion of the Deed of Company Arrangement by end August and hopefully the eventual requotation of the company's shares

21/06/2004

lodges half yearly report and accounts

04/06/2004

Quarterly Report period ended 31 December 2003 lodged

02/02/2004

address to shareholders at meeting provides an overview for shareholders

28/11/2003

lodges annual report and calls a meeting for 28 Nov 03

27/10/2003

the company has not paid its annual listing fee - it will be removed from the official list on 1 September 2003 if it does not pay the fee by Friday Aug 29

25/08/2003

the company failed to lodge its half yearly financial statements on time and ASIC has taken action to prevent the company from using the limited disclosure regime when raising money

17/07/2003

shares suspended from quotation

08/08/2002

name changed from Talon Resources NL

28/12/2001
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    Directors' on-market share transactions (last 5)

     

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    Directors & Executives (current)
    NAMETITLEDATE OF APPT
    Bradley SounnessManaging Director23/12/2002
    Martin ShuttleworthDirector23/12/2002
    Craig LemonCompany Secretary

    Date of first appointment, title may have changed.

    Directors & Executives (former)

    Date of first appointment, title may have changed.