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COUGAR ENERGY LIMITED (CXY)

Former Name ASX


SHARE PRICES


Former (or subsequent) names


 FROMTO
MORETON RESOURCES LTD11/10/2013
COUGAR ENERGY LIMITED16/02/200711/10/2013
PINNACLE VRB LIMITED05/06/199816/02/2007
PINNACLE MINING NL05/06/1998

Shareholder links

Our website ranking of CXY: rating 4
(4 out of 5)  

REGISTRY:
Computershare Yarra Falls, 452 Johnston Street, Abbotsford VIC 3067
Tel : +61 3 9415 4000 or 1300 850 505
Fax : +61 3 9473 2500
RegistryWebsite RegistryEmail

Company details


Address: Level 10, Suite 1002,, Exchange Tower, 530 Little Collins Street, MELBOURNE, VIC, AUSTRALIA, 3000
Tel:  03 9909 7200 Fax: 03 9909 7217

Date first listed: 08/02/1994
Company Secretary: Rajeev Chandra
Sector: Energy Industry Group: 
Activities: Underground Coal Gasification and technology development and evaluation of vanadium redox battery technology

News & Events

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name changed to Moreton Resources Ltd11/10/2013
the securities of Cougar Energy Limited (the "Company") will be reinstated to quotation prior to the commencement of trading tomorrow, 2 September 2010 following the release by the Company of announcements relating to its funding01/09/2010
releases presentation to Geraldton Conference 31 August 201031/08/2010
company advises that it is finalising the terms of a financing facility to be made available once the Company's shares re-commence trading. The Company is also finalising the preparation of the annual accounts for the 12 months to 30 June 2010. These accounts will be lodged at the same time as a prospectus prepared in accordance with section 713 of the Corporations Act 2001 to permit the Company to issue new fully paid ordinary shares that may be traded without restriction. In order to facilitate this, the Company hereby requests that its current voluntary suspension be extended until Thursday 2 September 2010. In the event that the prospectus is lodged prior to this date, the Company will request a lifting of its suspension30/08/2010
advises that it will meet with Queensland's Department of Environment and Resource Management ("DERM") this week to discuss the Environmental Evaluation Report submitted to DERM on 16 August 201030/08/2010
advises that it is today seeking urgent clarification of the Queensland Government's position in relation to the Environmental Evaluation Report submitted by Cougar Energy to the Government on 16 August 2010. This follows a series of seemingly varying statements and announcements made throughout yesterday by the Government in relation to the Report and Cougar Energy's Kingaroy operations. Cougar Energy advises that it received yesterday verbal advice - followed by an undated letter from the Queensland Government's Department of Environment and Resource Management (DERM) - that "DERM will not be accepting the environmental report."26/08/2010
company advises that it lodged on Monday 16 August 2010 its Environmental Audit report in response to the Environmental Evaluation notice received on 17 July from the Queensland Government's Department of Environment and Resource Management (DERM). The Audit relates to Cougar Energy's operations at its Kingaroy Underground Coal Gasification (UCG) site in Queensland, and responds to a series of questions from DERM in relation to groundwater conditions at the site, an assessment of the impact of the casing break in well P4, and a discussion of monitoring bore test results from upper aquifers located within a 2 kilometre radius of the Company's UCG production centre18/08/2010
company advises that it is finalising the terms of a financing facility to be made available once the Company's shares re-commence trading. At the same time, the Company is preparing a prospectus which will be prepared in accordance with section 713 of the Corporations Act 2001 to permit the Company to issue new fully paid ordinary shares that may be traded without restriction. In order to facilitate this, the Company has requested that its current voluntary suspension be extended until Monday 30 August 2010. In the event that the prospectus is lodged prior to this date, the Company will request a lifting of its suspension17/08/2010
Cougar Energy Limited (ASX code: CXY) hereby requests an extension to the voluntary suspension that is currently in place in relation to its quoted fully paid ordinary shares, pursuant to listing rule 17.2. The Company wishes to advise that financing discussions are progressing and that further time is required to finalise offer terms. In order to facilitate this, the Company hereby requests that its current voluntary suspension be extended until 18 August 2010. In the event that negotiations are finalised prior to this date, the Company will request a lifting of its suspension03/08/2010
issues a response to various ASX queries29/07/2010
the Queensland government says it would stop Cougar Energy Ltd's underground coal gasification (UCG) project at Kingaroy if it harms the environment, but a decision on the future of UCG mining in the state could take up to two years. According to The ABC, angry farmers gathered at a community forum in Roma at the weekend demanded Queensland mines minister Stephen Robertson take acting to stop mining on farming land. Although Mr Robertson did not speak to media, Queensland premier Anna Bligh said mining would be the economic future of at least some rural communities. Cougar has terminated most of its Kingaroy staff as well as most of the staff in its Brisbane and Melbourne offices. The company is reviewing the future of the project and is holding talks with financiers and investors. Meanwhile AAP reported on July 25, 2010 that latest testing by the Department of Environment and Resource Management (DERM) had cleared the Kingaroy project of dangerous levels of benzene and toluene. Toluene was detected in very low levels at one of the ten bores within the plant, but at two parts per billion this was well within the guidelines of 800 parts per billion. Another bore outside the plant returned the same reading26/07/2010
company continues to conduct a review of Cougar Energy's operational and financial requirements as a result of the Queensland Government's decision to delay the approval of re-ignition of the Kingaroy pilot plant until an environmental evaluation is completed and assessed - As a result of the delay and uncertainty as to when its Kingaroy operations will recommence, Cougar Energy has taken steps to consolidate its financial position. In line with this process, it has today regrettably made the decision to terminate the employment of the majority of staff at the Kingaroy project and in the Company's Brisbane and Melbourne offices - the future of the Kingaroy project will remain under constant review until the environmental evaluation process has been completed23/07/2010
the securities of Cougar Energy Limited (the "Company") will be suspended from quotation immediately, at the request of the Company, pending the release of an announcement by the Company20/07/2010
the suspension of trading in the securities of Cougar Energy Limited will be lifted immediately, following its announcement of completion of a capital raising02/07/2010
securities suspended pending an announcement30/06/2010
the suspension of trading in the securities of Cougar Energy Limited (the "Company") will be lifted prior to the commencement of trading on Thursday, 3 September 2009, following an announcement by the Company of the completion of its capital raising03/09/2009
the securities of Cougar Energy Limited (the "Company") will be suspended from quotation immediately, at the request of the Company, pending the release of an announcement by the Company01/09/2009
the suspension of trading in the securities of Cougar Energy Limited (the "Company") will be lifted immediately, following the release of an announcement by the Company regarding the completion of an equity capital raising03/04/2009
the securities of Cougar Energy Limited (the "Company") will be suspended from quotation immediately, at the request of the Company, pending an announcement02/04/2009
the suspension of trading in the securities of Cougar Energy Limited (the "Company") will be lifted immediately, following an announcement by the Company regarding the completion of an equity raising29/05/2008
the securities of Cougar Energy Limited (the "Company") will be suspended from quotation immediately, at the request of the Company, pending an announcement concerning an equity raising28/05/2008
name changed from Pinnacle VRB Limited16/02/2007

ASX Announcements (courtesy of ASX)


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Directors' share transactions (last 5)

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Purchases Sales



DATEDIRECTORNATURENUMBERPRICEAMOUNT
15/05/2013Andrew MathesonOn market2,000,000$0.005$10,000
15/05/2013Rob NeillOn market500,000$0.005$2,500
24/04/2013Andrew PurcellOn market1,000,000$0.004$4,000
18/04/2013Rob NeillOn market500,000$0.005$2,500

Directors & Executives (current)


NAMETITLEDATE OF APPT
Andrew MathesonChairman08/03/2013
Rajeev ChandraCFO
Eva Armila DjauhariNon Exec Director24/09/2013
Andrew PurcellDirector08/03/2013

Directors & Executives (former)


NAMETITLEDATE OF APPOINTMENTDATE OF RESIGNATION
Rob NeillCEO, Managing Director06/08/201210/09/2013
Malcolm McAullyNon Exec Chairman10/12/200208/03/2013
Sarah ChristensenNon Exec Director22/09/201008/03/2013
Len WalkerExecutive Director12/10/200608/03/2013