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08 September 2024
Name: | SWALA ENERGY LIMITED (SWE) (This company subsequently changed its name and is now SYMBOL MINING LIMITED. You should refer to that name for Status.) | ||||||
Date of Listing: | 18 April 2013 | ||||||
Subsequent Names: |
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Stock Exchange Status:
This company subsequently changed its name and is now SYMBOL MINING LIMITED. You should refer to that name for Stock Exchange Status.Legal Status:
This company subsequently changed its name and is now SYMBOL MINING LIMITED. You should refer to that name for Legal Status.Capital Gains Tax (CGT) Status:
This company subsequently changed its name and is now SYMBOL MINING LIMITED. You should refer to that name for Capital Gains Tax Status.
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accepts no liability for any loss arising from reliance on this information, including reliance on information that is no longer current.
Company | FROM | TO |
---|---|---|
SYMBOL MINING LIMITED | 29/12/2017 | |
SWALA ENERGY LIMITED | 29/12/2017 |
REGISTRY:
Link Market Services Perth
Level 12 QV1 Building 250 St Georges Terrace Perth WA 6000
Tel : +61 8 9211 6670 or 1300 554 474
Fax : +61 2 9287 0303
RegistryWebsite RegistryEmail
name changed to Symbol Mining Limited | 29/12/2017 |
The Company raised $5,011,967 pursuant to the share offer under the prospectus dated 5 July 2017 updated by way of supplementary prospectus dated 29 September 2017 by the issue of 125,299,167 fully paid ordinary shares at an issue price of $0.04 per share and 15,035,900 options with an exercise price of $0.06 and an expiry date of 31 December 2020 under the Prospectus. The securities of the Company will be reinstated to Official Quotation from the commencement of trading on Friday, 22 December 2017 following the Company's re-compliance with Chapters 1 and 2 of the ASX Listing Rules pursuant to Listing Rule 11.1.3. | 22/12/2017 |
Swala Energy Limited will be reinstated to Official Quotation from the commencement of trading on Friday, 22 December 2017, following the Company's recompliance with Chapters 1 and 2 of the ASX Listing Rules pursuant to Listing Rule 11.1.3. 268,915,697 fully paid ordinary shares at $0.04 per share | 21/12/2017 |
The share purchase agreement between the company and the Seller Group to acquire all of the issued share capital of Symbol Mning has completed with the company acquiring 100% of Symbol. | 19/12/2017 |
Swala Energy Limited advises that ASX Limited ("ASX") has granted the Company a waiver from ASX Listing Rule 14.7. | 29/11/2017 |
The company releases the results of its meeting. All resolutions were passed on a show of hands. | 13/11/2017 |
The company releases a letter to its shareholders in relation to the upcoming general meeting. | 13/10/2017 |
The company's general meeting will be held at Trident Capital, Level 24, 44 St Georges Terrace Perth WA 6000 on 13 November 2017, commencing at 10:00am (WST). | 13/10/2017 |
The company lodges its Half Year Accounts. | 12/10/2017 |
The company releases a supplementary prospectus intended to be read with the prospectus dated 5 July 2017. | 29/09/2017 |
Under listing rule 17.6, any entity (if not already suspended) that had not paid its annual listing fees by close of business on Monday 21 August 2017 will have its securities suspended from official quotation before the commencement of trading on Tuesday 22 August 2017. The company has failed to pay to ASX Limited the annual listing fees in respect of the year ending 30 June 2018 and consequently will have its securities suspended from quotation immediately. | 22/08/2017 |
The company releases the Symbol Mining Investor Presentation. | 07/07/2017 |
The company issues a prospectus for an offer of up to 190,000,000 Shares at an issue price of $0.04 each to raise up to $7,600,000 before costs, with a minimum subscription requirement to raise at least $5,600,000 before costs. | 06/07/2017 |
we understand that on or about this date the company consolidated its shares 1 for 120 | 04/07/2017 |
Consolidation of its securities was completed -1 share for every 120 previously owned | 29/06/2017 |
The final tranche of funds have been paid in accordance with the terms of the DOCA. The DOCA was wholly effectuated on 26 June 2017. The Company has complied with the terms of the DOCA and control of the Company has reverted to its Board of Directors. | 28/06/2017 |
The company releases the results of its general meeting. | 22/06/2017 |
The company provides an update regarding its consolidation of shares in light of the annual general meeting held today. | 22/06/2017 |
The company releases the results of its meeting. | 22/06/2017 |
The company releases an explanatory statement prepared by Trident Capital outlining the Symbol Mining Corporation transaction. | 23/05/2017 |
Shareholders will get 1 share for every 120 presently owned. | 23/05/2017 |
The company's Annual General Meeting will be held at Trident Capital, Level 24, 44 St Georges Terrace Perth WA 6000 on Thursday, 22 June 2017, commencing at 10:00am (WST). | 23/05/2017 |
The company releases its Appendix 4G. | 04/05/2017 |
The company lodges its annual report for the year ended 31 December 2016. | 04/05/2017 |
The company lodges its interim financial report for half year ended 30 June 2016. | 04/05/2017 |
The DOCA has now been further extended to 30 June 2017 following agreement between the Deed Administrator and the DOCA Proponent, to provide sufficient time for the DOCA Proponent to make submissions to the Company's shareholders regarding the completion of the DOCA. | 01/05/2017 |
The executed DOCA has now been extended to 30 April 2017 following agreement between the Deed Administrator and the DOCA Proponent, to provide sufficient time for the DOCA Proponent to make submissions to the Company's shareholders regarding the completion of the DOCA. | 01/03/2017 |
The Company has executed a DOCA effective as at 21 October 2016. The resolution was presented in the Administrator's report to creditors pursuant to Section 439A of the Corporations Act dated 11 October 2016. | 26/10/2016 |
Under listing rule 17.6, any entity (if not already suspended) that had not paid its annual listing fees by close of business on Monday 22 August 2016 will have its securities suspended from official quotation before the commencement of trading on Tuesday 23 August 2016. The company has not paid its annual listing fees in respect of the year ending 30 June 2017 but the securities are already suspended from official quotation. | 23/08/2016 |
The Board of Swala Energy Limited (ASX: SWE) ("the Company" or "Swala") wishes to advise that it has placed the Company into Voluntary Administration with immediate effect. This follows the voluntary suspension of trading in the Company's securities on the ASX that has been in place since 21st April 2016 and which was put in place in order to assist with efforts to raise further funds for the Company, a process that may include share placements or alternative arrangements and which may or may not require changes to its corporate structure. Mr James Thackray, principal of HQ Advisory, has been appointed as Administrator to the Company. The Board and senior management will work closely with Mr Thackray to assist with the financial and corporate restructuring of the Company's business which it is intended to achieve within as short a time period as possible. | 24/06/2016 |
The company advises of an ASX Announcement released by Otto Energy Limited. Otto Energy Limited is pleased to advise that it has reached an agreement with MV Upstream Tanzania Limited, a joint venture between Vegas Oil & Gas Limited and Motor Oil Hellas SA in respect of the assignment of a 25% participating interest in the Kilosa-Kilombero Licence, onshore Tanzania. | 21/06/2016 |
The company requests an additional extension to the voluntary suspension that is already in place in relation to its securities quoted on the ASX. This is required as it continues its efforts towards the raising of funds, a process that may include share placements or other alternative arrangements, which may or may not require changes to its corporate structure. Swala Energy expects the voluntary suspension to remain in place until the earlier of such time as it makes an announcement in relation to the proposed fund raising and proposed corporate restructure, or, by the commencement of trading on 30 June 2016. | 14/06/2016 |
The company releases the results of its AGM. | 30/05/2016 |
The company provides the AGM Prepared Address by the Chairman and CEO | 30/05/2016 |
In accordance with ASX Listing Rule 17.2, Swala Energy Limited requests an extension to the voluntary suspension that is already in place in relation to its securities quoted on the ASX. Swala Energy expects the voluntary suspension to remain in place until the earlier of such time as it makes an announcement in relation to the proposed fund raising and proposed corporate restructure, or, by the commencement of trading on Tuesday 14 June 2016. | 23/05/2016 |
The company issues a response to the ASX query which is in relation to the Company's Quarterly Cashflow Report in the form of Appendix 5B for the period ended 31 March 2016. | 19/05/2016 |
Swala Energy Limited has been served notice by lawyers acting on behalf of Otto Energy Limited that Otto has commenced a legal action against the Company, Swala Oil and Gas (Tanzania) plc ("SOGTP") and current and certain former directors of the Company and is seeking to recover a gross amount of approximately US$1,000,000 plus alleged damages | 13/05/2016 |
The company lodges its Quarterly Activities Report and Appendix 5B. | 29/04/2016 |
Notice is given that the Annual General Meeting of the Shareholders of Swala Energy Limited will be held at QVI Building, Theatrette, Level 2, 250 St Georges Terrace, Perth Western Australia on Monday 30 May 2016 commencing at 2:00pm (WST). | 28/04/2016 |
The company lodges its 2015 Annual Report to Shareholders. | 28/04/2016 |
The securities of Swala Energy Limited (the "Company") will be suspended from official quotation immediately at the request of the Company, pending the release of an announcement. | 21/04/2016 |
The suspension of trading in the securities of Swala Energy Limited (the "Company") will be lifted immediately, following release of an announcement regarding the Company's equity raising. Security Code: SWE | 17/12/2014 |
Swala Energy expects the extension to the voluntary suspension to remain in place until the earlier of such time as it makes an announcement in relation to the proposed equity raising and/or third party engagement, or, by the close of business on 23rd December 2014 | 02/12/2014 |
Swala Energy Limited ("Swala Energy" or "Company") (ASX: SWE) requests an extension to the voluntary suspension that is already in place in relation to its securities quoted on the ASX - Swala Energy expects the extension to the voluntary suspension to remain in place until the earlier of such time as it makes an announcement in relation to the proposed equity raising or by the close of trading on Tuesday 2nd December 2014. | 28/11/2014 |
In accordance with ASX Listing Rule 17.2, Swala Energy Limited ("Swala Energy" or "Company") (ASX: SWE) requests an extension to the voluntary suspension that is already in place in relation to its securities quoted on the ASX. | 28/11/2014 |
The securities of Swala Energy Limited (the "Company") will be suspended from quotation immediately at the request of the Company pending the release of an announcement. Security Code: SWE | 26/11/2014 |
listed entity carried for record purposes only | 18/04/2013 |
name changed to Symbol Mining Limited | 29/12/2017 |
The Company raised $5,011,967 pursuant to the share offer under the prospectus dated 5 July 2017 updated by way of supplementary prospectus dated 29 September 2017 by the issue of 125,299,167 fully paid ordinary shares at an issue price of $0.04 per share and 15,035,900 options with an exercise price of $0.06 and an expiry date of 31 December 2020 under the Prospectus. The securities of the Company will be reinstated to Official Quotation from the commencement of trading on Friday, 22 December 2017 following the Company's re-compliance with Chapters 1 and 2 of the ASX Listing Rules pursuant to Listing Rule 11.1.3. | 22/12/2017 |
Swala Energy Limited will be reinstated to Official Quotation from the commencement of trading on Friday, 22 December 2017, following the Company's recompliance with Chapters 1 and 2 of the ASX Listing Rules pursuant to Listing Rule 11.1.3. 268,915,697 fully paid ordinary shares at $0.04 per share | 21/12/2017 |
The share purchase agreement between the company and the Seller Group to acquire all of the issued share capital of Symbol Mning has completed with the company acquiring 100% of Symbol. | 19/12/2017 |
Swala Energy Limited advises that ASX Limited ("ASX") has granted the Company a waiver from ASX Listing Rule 14.7. | 29/11/2017 |
The company releases the results of its meeting. All resolutions were passed on a show of hands. | 13/11/2017 |
The company releases a letter to its shareholders in relation to the upcoming general meeting. | 13/10/2017 |
The company's general meeting will be held at Trident Capital, Level 24, 44 St Georges Terrace Perth WA 6000 on 13 November 2017, commencing at 10:00am (WST). | 13/10/2017 |
The company lodges its Half Year Accounts. | 12/10/2017 |
The company releases a supplementary prospectus intended to be read with the prospectus dated 5 July 2017. | 29/09/2017 |
Under listing rule 17.6, any entity (if not already suspended) that had not paid its annual listing fees by close of business on Monday 21 August 2017 will have its securities suspended from official quotation before the commencement of trading on Tuesday 22 August 2017. The company has failed to pay to ASX Limited the annual listing fees in respect of the year ending 30 June 2018 and consequently will have its securities suspended from quotation immediately. | 22/08/2017 |
The company releases the Symbol Mining Investor Presentation. | 07/07/2017 |
The company issues a prospectus for an offer of up to 190,000,000 Shares at an issue price of $0.04 each to raise up to $7,600,000 before costs, with a minimum subscription requirement to raise at least $5,600,000 before costs. | 06/07/2017 |
we understand that on or about this date the company consolidated its shares 1 for 120 | 04/07/2017 |
Consolidation of its securities was completed -1 share for every 120 previously owned | 29/06/2017 |
The final tranche of funds have been paid in accordance with the terms of the DOCA. The DOCA was wholly effectuated on 26 June 2017. The Company has complied with the terms of the DOCA and control of the Company has reverted to its Board of Directors. | 28/06/2017 |
The company releases the results of its general meeting. | 22/06/2017 |
The company provides an update regarding its consolidation of shares in light of the annual general meeting held today. | 22/06/2017 |
The company releases the results of its meeting. | 22/06/2017 |
The company releases an explanatory statement prepared by Trident Capital outlining the Symbol Mining Corporation transaction. | 23/05/2017 |
Shareholders will get 1 share for every 120 presently owned. | 23/05/2017 |
The company's Annual General Meeting will be held at Trident Capital, Level 24, 44 St Georges Terrace Perth WA 6000 on Thursday, 22 June 2017, commencing at 10:00am (WST). | 23/05/2017 |
The company releases its Appendix 4G. | 04/05/2017 |
The company lodges its annual report for the year ended 31 December 2016. | 04/05/2017 |
The company lodges its interim financial report for half year ended 30 June 2016. | 04/05/2017 |
The DOCA has now been further extended to 30 June 2017 following agreement between the Deed Administrator and the DOCA Proponent, to provide sufficient time for the DOCA Proponent to make submissions to the Company's shareholders regarding the completion of the DOCA. | 01/05/2017 |
The executed DOCA has now been extended to 30 April 2017 following agreement between the Deed Administrator and the DOCA Proponent, to provide sufficient time for the DOCA Proponent to make submissions to the Company's shareholders regarding the completion of the DOCA. | 01/03/2017 |
The Company has executed a DOCA effective as at 21 October 2016. The resolution was presented in the Administrator's report to creditors pursuant to Section 439A of the Corporations Act dated 11 October 2016. | 26/10/2016 |
Under listing rule 17.6, any entity (if not already suspended) that had not paid its annual listing fees by close of business on Monday 22 August 2016 will have its securities suspended from official quotation before the commencement of trading on Tuesday 23 August 2016. The company has not paid its annual listing fees in respect of the year ending 30 June 2017 but the securities are already suspended from official quotation. | 23/08/2016 |
The Board of Swala Energy Limited (ASX: SWE) ("the Company" or "Swala") wishes to advise that it has placed the Company into Voluntary Administration with immediate effect. This follows the voluntary suspension of trading in the Company's securities on the ASX that has been in place since 21st April 2016 and which was put in place in order to assist with efforts to raise further funds for the Company, a process that may include share placements or alternative arrangements and which may or may not require changes to its corporate structure. Mr James Thackray, principal of HQ Advisory, has been appointed as Administrator to the Company. The Board and senior management will work closely with Mr Thackray to assist with the financial and corporate restructuring of the Company's business which it is intended to achieve within as short a time period as possible. | 24/06/2016 |
The company advises of an ASX Announcement released by Otto Energy Limited. Otto Energy Limited is pleased to advise that it has reached an agreement with MV Upstream Tanzania Limited, a joint venture between Vegas Oil & Gas Limited and Motor Oil Hellas SA in respect of the assignment of a 25% participating interest in the Kilosa-Kilombero Licence, onshore Tanzania. | 21/06/2016 |
The company requests an additional extension to the voluntary suspension that is already in place in relation to its securities quoted on the ASX. This is required as it continues its efforts towards the raising of funds, a process that may include share placements or other alternative arrangements, which may or may not require changes to its corporate structure. Swala Energy expects the voluntary suspension to remain in place until the earlier of such time as it makes an announcement in relation to the proposed fund raising and proposed corporate restructure, or, by the commencement of trading on 30 June 2016. | 14/06/2016 |
The company releases the results of its AGM. | 30/05/2016 |
The company provides the AGM Prepared Address by the Chairman and CEO | 30/05/2016 |
In accordance with ASX Listing Rule 17.2, Swala Energy Limited requests an extension to the voluntary suspension that is already in place in relation to its securities quoted on the ASX. Swala Energy expects the voluntary suspension to remain in place until the earlier of such time as it makes an announcement in relation to the proposed fund raising and proposed corporate restructure, or, by the commencement of trading on Tuesday 14 June 2016. | 23/05/2016 |
The company issues a response to the ASX query which is in relation to the Company's Quarterly Cashflow Report in the form of Appendix 5B for the period ended 31 March 2016. | 19/05/2016 |
Swala Energy Limited has been served notice by lawyers acting on behalf of Otto Energy Limited that Otto has commenced a legal action against the Company, Swala Oil and Gas (Tanzania) plc ("SOGTP") and current and certain former directors of the Company and is seeking to recover a gross amount of approximately US$1,000,000 plus alleged damages | 13/05/2016 |
The company lodges its Quarterly Activities Report and Appendix 5B. | 29/04/2016 |
Notice is given that the Annual General Meeting of the Shareholders of Swala Energy Limited will be held at QVI Building, Theatrette, Level 2, 250 St Georges Terrace, Perth Western Australia on Monday 30 May 2016 commencing at 2:00pm (WST). | 28/04/2016 |
The company lodges its 2015 Annual Report to Shareholders. | 28/04/2016 |
The securities of Swala Energy Limited (the "Company") will be suspended from official quotation immediately at the request of the Company, pending the release of an announcement. | 21/04/2016 |
The suspension of trading in the securities of Swala Energy Limited (the "Company") will be lifted immediately, following release of an announcement regarding the Company's equity raising. Security Code: SWE | 17/12/2014 |
Swala Energy expects the extension to the voluntary suspension to remain in place until the earlier of such time as it makes an announcement in relation to the proposed equity raising and/or third party engagement, or, by the close of business on 23rd December 2014 | 02/12/2014 |
Swala Energy Limited ("Swala Energy" or "Company") (ASX: SWE) requests an extension to the voluntary suspension that is already in place in relation to its securities quoted on the ASX - Swala Energy expects the extension to the voluntary suspension to remain in place until the earlier of such time as it makes an announcement in relation to the proposed equity raising or by the close of trading on Tuesday 2nd December 2014. | 28/11/2014 |
In accordance with ASX Listing Rule 17.2, Swala Energy Limited ("Swala Energy" or "Company") (ASX: SWE) requests an extension to the voluntary suspension that is already in place in relation to its securities quoted on the ASX. | 28/11/2014 |
The securities of Swala Energy Limited (the "Company") will be suspended from quotation immediately at the request of the Company pending the release of an announcement. Security Code: SWE | 26/11/2014 |
listed entity carried for record purposes only | 18/04/2013 |
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So what has been the outcome for shareholders? Have the shares yet been declared valueless? | 16/02/2017 17:20:59 |
DATE | DIRECTOR | NATURE | NUMBER | PRICE | AMOUNT |
---|---|---|---|---|---|
27/02/2015 | David Mestres Ridge | On market | 105,000 | $0.094 | $9,870 |
01/05/2014 | David Mestres Ridge | On market | 25,000 | $0.205 | $5,125 |
24/05/2013 | David Mestres Ridge | On market | 20,000 | $0.130 | $2,600 |
NAME | TITLE | DATE OF APPT |
---|---|---|
Andrew Simpson | Non Exec Chairman | 18/12/2017 |
Barry Bolitho | Non Exec Director | 18/12/2017 |
Ian McCubbing | Non Exec Director | 18/12/2017 |
Patrick McCole | Company Secretary |
Date of first appointment, title may have changed.
NAME | TITLE | DATE OF APPOINTMENT | DATE OF RESIGNATION |
---|---|---|---|
John Gilfillan | Director | 27/04/2017 | 18/12/2017 |
Sean McCormick | Director | 27/04/2017 | 18/12/2017 |
Stephen Hewitt-Dutton | Director | 27/04/2017 | 18/12/2017 |
Kenneth Russell | Non Exec Chairman | 17/01/2013 | 28/06/2017 |
Mohammed Ishtiaq | Non Exec Director | 11/08/2014 | 25/06/2017 |
Frank Moxon | Independent Director | 23/06/2015 | 27/04/2017 |
Peter Grant | Non Exec Director | 06/06/2013 | 27/04/2017 |
David Mestres Ridge | Managing Director, CEO | 17/01/2013 | 05/09/2016 |
Ernest Massawe | Non Exec Director | 17/01/2013 | 20/04/2016 |
Neil Taylor | Executive Director | 17/01/2013 | 02/03/2015 |
Charles Benson | Non Exec Director | 05/12/2013 | 11/08/2014 |
Date of first appointment, title may have changed.
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