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ALARA RESOURCES LIMITED (AUQ)

Listed on ASX

SHARE PRICES

(updated at weekends)

Former (or subsequent) names

Shareholder links

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

 

REGISTRY:

Advanced Share Registry Services, 110 Stirling Hwy, Nedlands WA 6009

Tel : +61 8 9389 8033
Fax : +61 8 9262 3723
RegistryWebsite RegistryEmail

Company details

ISIN: AU000000AUQ7
Address: Suite 1.02, 110 Erindale Road Balcatta, Western Australia 6021 AUSTRALIA
Tel:  +61 8 9240 4211 Fax: +61 8 9463 6103

Date first listed: 24/05/2007
Company Secretary: Dinesh Agarwal
Sector: Materials Industry Group: XMJ
Activities: Exploration for uranium

The suspension of trading in the securities of Alara Resources Limited will be lifted immediately, following the release by AUQ of an announcement regarding project finance developments.

29/04/2019

Counterparty SAMA Global has expressed interest in taking an equity stake in Al Hadeetha Resources LLC. Terms of the new deal are still being discussed, but are expected to include replacing the 1.5% p.a. fee with a fee of 3 - 5% p.a. plus, as a separate but linked transaction, the sale of between a 5 to 15% interest in the Al Hadeetha Copper Project, for an amount to be agreed. Other terms are expected to remain the same as previously announced.

29/04/2019

The securities of Alara Resources Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of AUQ, pending the release of an announcement regarding project finance developments.

26/04/2019

The suspension of trading in the securities of Alara Resources Limited will be lifted from the commencement of trading on Wednesday, 10 October 2018, following the release by AUQ of a clarifying announcement regarding an offer to purchase Alara Saudi Operations Pty Ltd.

10/10/2018

Since the judgment of the Saudi court was issued, the company has met with Saudi government officials to discuss the pathway forward for the Khnaiguiyah Project, and further meetings are being planned for later this month. Although developments in Saudi Arabia are welcome news, the Company's focus remains firmly on the Al Hadeetha Copper Project and Alara's other JV copper projects in Oman. This is not expected to change unless and until a new mining licence is granted for the Khnaiguiyah Project.

10/10/2018

The securities of Alara Resources Limited will be suspended from quotation immediately, in accordance with Listing Rule 17.3. The securities will remain suspended pending an announcement by the Company clarifying the counterparty and material terms of the offer to purchase Alara Saudi Operations Pty Ltd as disclosed in the Company's announcement released on 3 October 2018.

04/10/2018

securities suspended from quotation pending lodgement of the company's half year accounts

16/03/2009

securities to be reinstated tomorrow following lodgement of the company's half year accounts

16/03/2009

name changed from Alara Uranium Limited

02/10/2008

ASX Announcements (courtesy of ASX)

 

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    Directors' on-market share transactions (last 5)

    rss feeds

    Purchases Sales

    DATEDIRECTORNUMBERPRICEAMOUNT
    28/03/2019Vikas Jain3,460,700$0.029$98,959
    27/11/2018Atmavireshwar Sthapak593,387$0.024$14,253
    07/02/2018Justin Richard1,000,000$0.025$24,471
    28/08/2017Atmavireshwar Sthapak1,051,451$0.013$14,135
    15/06/2017Justin Richard200,000$0.014$2,797

    Click here for the last 20 transactions all companies

    Directors & Executives (current)

    NAMETITLEDATE OF APPT
    Stephen GethinNon Exec Chairman01/05/2018
    Atmavireshwar SthapakManaging Director22/09/2015
    Dinesh AggarwalCFO01/05/2018
    John WatkinsCFO02/05/2014
    Avi SthapakNon Exec Director09/01/2019
    Vikas JainNon Exec Director06/04/2016

    Date of first appointment, title may have changed.

    Directors & Executives (former)

    NAMETITLEDATE OF APPOINTMENTDATE OF RESIGNATION
    James PhippsNon Exec Chairman29/10/201304/09/2020
    Justin RichardManaging Director, CEO16/06/201528/07/2020
    Ian GregoryAlternate Director22/06/201530/04/2018
    Shanker MadanDirector18/05/200731/03/2016
    Ian WilliamsNon Exec Chairman30/11/201031/07/2015
    John HopkinsNon Exec Director16/10/201312/06/2015
    Philip HopkinsManaging Director, CEO02/05/201319/05/2015
    Abdullah bin Mosaad bin Abdulaziz Al SaudNon Exec Director29/10/201305/11/2014
    Julian TambyrajahCFO12/11/201302/05/2014
    William JohnsonGeneral Manager26/10/200930/09/2013
    Douglas StewartNon Exec Director30/11/201031/08/2013
    Hem MadanNon Exec Director18/05/200725/07/2013
    Farooq KhanNon Exec Director, General Manager18/05/200731/08/2012
    John StephensonNon Exec Chairman19/02/2010

    Date of first appointment, title may have changed.