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VENUS METALS CORPORATION LIMITED (VMC)

Listed on ASX ( $        )

Former (or subsequent) names

Shareholder links

Our website ranking of VMC: 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: Mezzanine Level, BGC Centre, 28 The Esplanade, PERTH, WA, AUSTRALIA, 6000
Tel:  (08) 9321 7541 Fax: (08) 9486 9587

Date first listed: 12/06/2007
Company Secretary: Dean Calder
Sector: Materials Industry Group: XMJ
Activities: Exploration for diamonds
The suspension of trading in the securities of Venus Metals Corporation Limited will be lifted from the commencement of trading today, Monday, 28 May 2018, following the release of an announcement regarding an acquisition and capital raising. 28/05/2018
The Directors of VMC are pleased to announce that VMC has entered into 2 option agreements to enable it to purchase the historical Youanmi Gold Mine, and all associated infrastructure and mine village. The Youanmi Gold Mine options present Venus with an excellent advanced opportunity with significant open cut gold and high grade underground gold resources with near term cash flow potential. 28/05/2018
The company releases a cleansing notice regarding the completion of tranche 1 of placement of 3,400,000 fully paid ordinary shares. 28/05/2018
The company has decided to offer existing eligible shareholders the opportunity to participate in a Share Purchase Plan. The SPP will offer each shareholder, as at 5pm WST on Friday, 25 May 2018, with a registered address in Australia or New Zealand, the opportunity to apply for up to A$15,000 worth of new ordinary fully paid shares, at the same price as the placement announced earlier today, being A$0.12 per Share, to raise up to a maximum of only A$400,000. Funds raised under the SPP will be used for exploration, due diligence and general working capital. 28/05/2018
The company has completed a private placement to professional and sophisticated investors of 3,400,000 new ordinary fully paid shares at A$0.12 per Share, raising A$408,000 before costs. The Placement Tranche 1 Shares have been issued on 24 May 2018. The Company has also received additional applications from directors, for a second tranche of up to 1,600,000 Shares at A$0.12 per share, to raise up to an additional approximately A$192,000, before costs.28/05/2018
It is expected that VMC's ordinary shares and options will be suspended until the announcement of the transaction is finalised, which is expected to occur by the open of trading on 28 May 2018.25/05/2018
The securities of Venus Metals Corporation Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of the Company, pending the release of an announcement regarding a potential significant gold transaction.23/05/2018
name changed from Venus Resources Limited07/05/2010

ASX Announcements (courtesy of ASX)

 

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    Directors' on-market share transactions (last 5)

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    Purchases Sales

    DATEDIRECTORNUMBERPRICEAMOUNT
    05/09/2018Alan Birchmore500,000 $0.201$100,550
    11/07/2018Matthew Hogan110,000 $0.166$18,237
    09/07/2018Matthew Hogan60,000 $0.157$9,417
    28/05/2018Matthew Hogan55,000 $0.142$7,817
    28/05/2018Barry Fehlberg250,000 $0.152$37,912

    Click here for the last 20 transactions all companies

    Directors & Executives (current)

    NAMETITLEDATE OF APPT
    Alan BirchmoreNon Exec Chairman, Independent Director08/08/2011
    Matthew HoganManaging Director22/12/2006
    Kumar ArunachalamExecutive Director, CEO15/07/2011
    Barry FehlbergDirector27/10/2011

    Date of first appointment, title may have changed.

    Directors & Executives (former)

    NAMETITLEDATE OF APPOINTMENTDATE OF RESIGNATION
    Terence HoganNon Exec Director18/01/200701/05/2018
    Patrick TanCFO01/09/201130/09/2013

    Date of first appointment, title may have changed.