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AVZ MINERALS LIMITED (AVZ)

Listed on ASX ( $        )

Former (or subsequent) names

Shareholder links

Our website ranking of AVZ: rating 4
(4 out of 5)
COMPANY WEBSITE:

 

REGISTRY:

Security Transfer Australia Pty Ltd, 770 Canning Highway Applecross WA 6153

Tel : +61 3 9628 2200
Fax : +61 8 9315 2233
RegistryWebsite RegistryEmail

Company details

Address: Level 2, Suite 9, 389 Oxford Street, Mt Hawthorn, WA 6016
Tel:  +61 8 9380 6789 Fax: +61 8 9380 6761

Date first listed: 14/09/2007
Company Secretary: Mathew O'Hara
Sector: Materials Industry Group: XMJ
Activities: Mineral exploration
The suspension of trading in the securities of AVZ Minerals Limited will be lifted immediately, following the release by AVZ of an announcement regarding drilling results. 19/10/2018
The company continues to drill record lithium intercept. 5 Mtpa & 10 Mtpa scoping studies commence. 19/10/2018
The company's securities will remain in suspension upon the release of further drilling results on the Manono Lithium Project. The drilling results announcement is expected to be made before the opening of trading on Friday, 19th October 2018.17/10/2018
The company issues a response to ASX query.17/10/2018
In an article on the website followoing a telephone interview with Managing Director, Nigel Ferguson, in relation to the potential offtake agreements, it was stated that AVZ could potentially raise funds at a premium to share price, and a 20% offtake that would translate into a potential amount of funding into the Company. The other funding option would be to sell half of the asset and an example of the parameters of this potential value was included. The Company would like to retract the references to potential offtake values and potential sale values as the statements are not consistent with the detailed disclosures required to form a reasonable basis for the comments made. 17/10/2018
The company releases an Investor Presentation.10/10/2018
The securities of AVZ Minerals Limited will be suspended from quotation immediately under Listing Rule 17.3, pending a response to ASX queries.09/10/2018
The suspension of trading in the securities of AVZ Minerals Limited will be lifted immediately, following the release by AVZ of an announcement regarding the results of a scoping study. 09/10/2018
Scoping Study confirms potential for a world class, high margin, long life mining project. AVZ intends to proceed to a Full Feasibility Study (FFS) which it expects to be completed in Q2 2019. The potential for tin by-product credits was not taken into consideration in this analysis. It is expected that these credits will be included in the FFS. 09/10/2018
AVZ Minerals Limited requests that a voluntary suspension continued to be placed on the Company's securities. The voluntary suspension is requested until an announcement is made to the market on the results of the Scoping Study for the Manono Lithium Project. The Scoping Study announcement is expected to be made before the opening of trading on Wednesday, 10th October 2018.09/10/2018
The securities of AVZ Minerals Ltd will be suspended from quotation immediately under Listing Rule 17.2, at the request of AVZ, pending the release of an announcement regarding the results of a scoping study.04/10/2018
The suspension of trading in the securities of AVZ Minerals Limited will be lifted from the commencement of trading on Tuesday, 24 April 2018, following receipt of a satisfactory response to an ASX query.23/04/2018
The company issues a response to ASX query letter.23/04/2018
The company would like to retract its statement on the Australian Financial Review article in reference to the 150-200 million tonnes of measured sources as this statement is not in compliance with the JORC Code. The company would also like to retract the statement that says that the Manono Project has a "potential total resource of between 1.25 to 1.5 billion tonnes and an average grading around 1.5 per cent lithium oxide." AVZ advises that investors should not rely on the above statements included in the AFR Article as a basis for any investment decision about AVZ shares.23/04/2018
The securities of AVZ Minerals Limited will be suspended from quotation immediately, in accordance with Listing Rule 17.3, pending a response to an ASX query. The securities will remain suspended until pending a response to an ASX query.23/04/2018
The suspension of trading in the securities of AVZ Minerals Limited will be lifted immediately, following the release of an announcement. 06/04/2018
The company provides an update on its activities at the Manono Lithium Project in the Democratic Republic of Congo including progress of the initial 20,000m resource drilling program. 06/04/2018
The company issues a response to ASX Price Query.06/04/2018
The securities of AVZ Minerals Limited will be suspended from quotation immediately, at the request of the Company, pending the release of an announcement.03/04/2018
The suspension of trading in the securities of AVZ Minerals Limited will be lifted immediately, following the release by the Company of an announcement regarding a capital raising.10/08/2017
The Board of AVZ Minerals Limited is pleased to announce that it has reached agreement with Huayou International Mining Limited for Huayou to invest $13.02 million and acquire an 11% interest in AVZ. The funds are to be used for planned drilling and initial metallurgical testwork programs at the Manono project.10/08/2017
The securities of AVZ Minerals Limited will be suspended from official quotation immediately at the request of the Company, pending the release of an announcement.09/08/2017
The suspension of trading in the securities of AVZ Minerals Limited will be lifted immediately, following the release by the Company of an announcement regarding completion of due diligence. 18/05/2017
AVZ completes due diligence review of the Manono Project to its satisfaction, and elects to proceed with the acquisition of a 60% project interest.18/05/2017
The securities of AVZ Minerals Limited will be suspended from official quotation immediately at the request of the Company, pending the release of an announcement in relation to an update on the Manono Transaction due diligence.17/05/2017
The suspension of trading in the securities of AVZ Minerals Limited will be lifted immediately following the release of an announcement. 02/02/2017
AVZ has agreed to acquire, subject to certain conditions, a 60% interest in the historic Manono Mine and surrounding area in the south of the Democratic Republic of Congo (DRC) in central Africa.02/02/2017
The securities of AVZ Minerals Ltd will be suspended from official quotation immediately at the request of the Company, pending the release of an announcement. 31/01/2017
name changed from Avonlea Minerals Limited11/12/2012

ASX Announcements (courtesy of ASX)

 

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    Directors' on-market share transactions (last 5)

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    Purchases Sales

    DATEDIRECTORNUMBERPRICEAMOUNT
    04/12/2018Rhett Brans200,000 $0.084$16,800
    01/11/2018Nigel Ferguson1,000,000 $0.065$65,236
    06/06/2018Klaus Eckhof-23,000,000 $0.132$3,027,950
    08/01/2018Patrick Flint-2,000,000 $0.257$513,400
    14/09/2017Klaus Eckhof-15,000,000 $0.159$2,385,000

    Click here for the last 20 transactions all companies

    Directors & Executives (current)

    NAMETITLEDATE OF APPT
    Patrick FlintNon Exec Chairman12/05/2014
    Klaus EckhofManaging Director12/05/2014
    Nigel FergusonManaging Director13/02/2017
    Charles ThomasNon Exec Director15/04/2016
    Rhett BransNon Exec Director05/02/2018
    Hongliang ChenDirector21/08/2017
    Guy LoandoDirector21/08/2017

    Date of first appointment, title may have changed.

    Directors & Executives (former)

    NAMETITLEDATE OF APPOINTMENTDATE OF RESIGNATION
    Gary SteinepreisNon Exec Director30/11/201221/08/2017
    Roger SteinepreisNon Exec Director01/05/200712/05/2014
    Hamish HallidayNon Exec Director22/05/200930/11/2012
    Steve ParsonsAlternate Director22/05/200930/11/2012
    David MacoboyNon Exec Chairman22/09/201103/08/2012
    David RiekieNon Exec Director21/08/200803/08/2012

    Date of first appointment, title may have changed.