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ARGO EXPLORATION LIMITED (AXT)

Suspended from ASX

SHARE PRICES

(updated at weekends)

Former (or subsequent) names

 

Shareholder links

Our website ranking of AXT: rating 4
(4 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: AU000000AXT5
Address: Level 4 100 Albert Road South Melbourne Vic 3205
Tel:  (03) 9692 7222 Fax: (03) 9077 9233

Date first listed: 11/12/2006
Company Secretary: Melanie Leydin
Sector: Materials Industry Group: XMJ
Activities: Mineral exploration
OFX Transferring Money Internationally to Free

The company releases its Appendix 4G and Corporate Governance Statement.

30/09/2020

The company lodges its 2020 Annual Report to Shareholders.

30/09/2020

Pantheon Resources provides an update on its 89.2%-100% owned projects on the Alaskan North Slope. Great Bear Pantheon has received notice from the Alaska Department of Natural Resources that the application to form the Alkaid Production Unit of 22,804 acres is complete and eligible for approval. Pantheon has also entered the unitisation application process with the State of Alaska for the Talitha project. Work is nearing completion for the determination of a resource estimate for the Kuparuk horizon at the 89.2% owned Talitha project. The company is actively engaged with multiple parties who are presently undertaking analysis of the farmout opportunity. Pantheon's objective is to be drilling in Alaska this coming 2020/21 winter season.

02/09/2020

Shareholders in this company should consider crystallising a capital loss in 2020/21 by selling their worthless shares, which they can achieve online by entering transaction details here. While this usually makes good economic sense, we recommend you seek professional advice before buying or selling securities, your accountant is probably the best person.

13/08/2020

The company lodges its June 2020 Quarterly Cashflow Report.

31/07/2020

The company lodges its June 2020 Quarterly Activities.

31/07/2020

The company lodges its Half-year Financial Report - 31 December 2019.

15/05/2020

The company lodges its March 2020 Quarterly Cashflow Report.

30/04/2020

The company lodges its March 2020 Quarterly Activities Report.

30/04/2020

The company releases an Appendix 2A.

30/04/2020

The company announces the placement of 12,000,000 new fully paid ordinary shares at $0.01 (1 cent) per share to investors, raising $120,000 (before costs). The Shares are voluntary escrowed for a period of 12 months from the date of issue. The placement was done at a ~29% discount to the latest share price and the Company will utilise its placement capacity under ASX Listing Rule 7.1 for the issue. The proceeds from the Placement will be used for general working capital purposes.

30/04/2020

Due to the current macro climate conditions, Argo and LC Capital Limited have mutually agreed to terminate the Placement announced on 21 October 2019 to raise $400,000.

06/04/2020

ASX advised that in their opinion, the company's current operations, being solely the investment in Pantheon and holding no interest in resource tenements, are not sufficient to warrant the continued quotation of the company's securities. The Board continues to review and evaluate a number of new potential projects and corporate opportunities and will keep shareholders informed of its progress. Argo continues to hold 6,500,000 fully paid ordinary shares in Pantheon Resources Plc. LC Capital Limited is fully committed to the company and will work closely with the Company to create and deliver maximum value to all shareholders.

06/02/2020

The securities of Argo Exploration Limited will be suspended from quotation immediately in accordance with Listing Rule 17.3, as ASX has determined that AXT's operations are not adequate to warrant the continued quotation of its securities and therefore it is in breach of Listing Rule 12.1. The suspension will continue until AXT is able to demonstrate compliance with Listing Rule 12.1 of the Listing Rules.

05/02/2020

suspension of trading in the securities is lifted following receipt of an announcement by the Company regarding the completion of a share placement

28/09/2007

securities suspended from quotation immediately, at the request of the Company, pending the release of an announcement by the Company

25/09/2007

ASX Announcements (courtesy of ASX)

 

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    Directors' on-market share transactions (last 5)

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    Purchases Sales

    DATEDIRECTORNUMBERPRICEAMOUNT
    15/11/2017Chris Martin70,000$0.030$2,070
    08/11/2017Chris Martin610,000$0.026$15,860
    16/06/2015Chris Martin44,375$0.016$688
    15/06/2015Chris Martin24,725$0.012$297
    03/06/2015Chris Martin55,900$0.015$811

    Click here for the last 20 transactions all companies

    Directors & Executives (current)

    NAMETITLEDATE OF APPT
    Justin HondrisNon Exec Director26/07/2006
    Andrew Van Der ZwanExecutive Director18/03/2013
    Chris MartinDirector27/02/2013

    Date of first appointment, title may have changed.

    Directors & Executives (former)

    NAMETITLEDATE OF APPOINTMENTDATE OF RESIGNATION
    Jonathan ChengNon Exec Director21/10/201907/04/2020
    Hugh HerbertExecutive Chairman, Managing Director26/07/200618/03/2013
    Meredith BirdNon Exec Director09/08/200627/02/2013

    Date of first appointment, title may have changed.