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AFRICAN ENERGY RESOURCES LIMITED (AFR)

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ASX, Legal & CGT Status

Former (or subsequent) names

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

 

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

Company details

ISIN: AU000000AFR6
Address: Suite 1, 245 Churchill Avenue Subiaco WA 6008 Australia
Tel:  +61 8 6465 5500Fax: +61 8 6465 5599

Date first listed: 18/04/2007

Sector: Energy Industry Group: XEJ
Activities: Coal Exploration in Botswana

News & Events

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name changed to Alma Metals Limited

08/12/2021

The suspension of trading in the securities of African Energy Resources Limited will be lifted immediately, following the release by AFR of an announcement regarding a joint venture agreement and capital raising.

18/08/2021

Binding Term Sheet signed with Canterbury Resources Limited to secure exclusive option to earn up to a 70% interest in the Briggs, Mannersley and Fig Tree Hill Porphyry Copper Project in SE Queensland. The Project contains a JORC compliant Inferred Mineral Resource of 143Mt @ 0.29% copper at a 0.2% cut-off grade and is close to major infrastructure including Gladstone deep-water port, 50km to the east. Undrilled porphyry copper mineralisation is visible at surface within a 2km geochemical anomaly surrounding the Inferred Mineral Resource, indicating excellent potential to substantially increase the size of the resource with further exploration drilling. Higher grade mineralisation, identified in volcanic sediments surrounding the intrusive core and in internal quartz rich bodies, indicate potential to increase the grade of the deposit with further exploration drilling. Exploration programs including ~3,000m of reverse circulation percussion drilling are scheduled to commence later this quarter and will form a significant portion of the Option Expenditure Commitment. African Energy has received firm commitments to raise $1.4M via a Private Placement at 2 cents per share to fund the Option Expenditure Commitment.

18/08/2021

The securities of African Energy Resources Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of AFR, pending the release of an announcement regarding a joint venture agreement and capital raising.

17/08/2021

The suspension of trading in the securities of African Energy Resources Limited will be lifted immediately following the release by AFR of an announcement regarding a commercial agreement.

23/12/2019

Term Sheet for a Power Sales Agreement for 150MW for 15 years has been signed with Zimasco (Pvt) Ltd. Final permitting underway with energy regulators in Botswana. Negotiations underway with potential development and financing partners for an initial 300MW project with the potential to expand to 600MW or larger. African Energy is a 33.3% contributing shareholder in the Sese JV.

23/12/2019

The securities of African Energy Resources Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of AFR, pending the release of an announcement regarding a commercial agreement.

18/12/2019

The suspension of trading in the securities of African Energy Resources Limited (the "Company") will be lifted immediately following receipt of an announcement relating to a capital raising. Security Code: AFR

14/04/2014

The securities of African Energy Resources Limited (the "Company") will be suspended from quotation immediately, at the request of the Company, pending the release of an announcement. Security Code: AFR

07/04/2014

The securities of African Energy Resources Limited (the "Company") will be reinstated immediately, following the release of the Company" announcement regarding funding for the SESE Coal and Power Project. Security Code: AFR

06/11/2012

securities suspended pending an announcement

05/11/2012

the suspension of trading in the securities of African Energy Resources Limited (the "Company") will be lifted immediately following receipt of an announcement by the Company

18/07/2011

securities suspended pending an announcement

14/07/2011

name changed from African Energy Resources (Guernsey) Limited

05/02/2009

 

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    Click here for free access to this company's:
    ASX, Legal & CGT Status

    Directors' on-market share transactions (last 5)

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    Purchases Sales

    DATEDIRECTORNUMBERPRICEAMOUNT
    29/06/2015Bill Fry-675,000$0.068$45,900
    20/05/2015Valentine Chitalu450,000$0.072$32,250
    07/05/2015Charles Tabeart-800,000$0.070$55,601
    02/04/2015Philip Clark512,970$0.069$35,253
    19/02/2015Philip Clark100,000$0.069$6,892

    Click here for the last 20 transactions all companies

    Directors & Executives (current)

    NAMETITLEDATE OF APPT
    Alasdair CookeExecutive Chairman22/08/2006
    Valentine ChitaluNon Exec Director22/08/2006
    John DeanNon Exec Director23/12/2014
    Ian HumeNon Exec Director13/09/2013
    Charles TabeartExecutive Director01/11/2007
    Daniel Murray DavisCompany Secretary

    Date of first appointment, title may have changed.

    Directors & Executives (former)

    NAMETITLEDATE OF APPOINTMENTDATE OF RESIGNATION
    Bill FryExecutive Director22/08/200615/07/2020
    Philip ClarkNon Exec Director05/04/201131/03/2018
    Wayne TrumbleNon Exec Director07/05/201431/03/2018
    Yan ZhaoAlternate Director13/09/201301/12/2016
    Michael CurnowNon Exec Director22/08/200631/03/2014
    Ian DuncanNon Exec Director12/10/200619/11/2008
    Donald WindrimNon Exec Director22/08/200605/11/2007
    Christopher DeaneNon Exec Director30/06/2004

    Date of first appointment, title may have changed.