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ARK MINES LIMITED (AHK)

Suspended from ASX

SHARE PRICES

(updated at weekends)

Former (or subsequent) names

 

Shareholder links

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

 

REGISTRY:

NextRegistries Level 16, 1 Market Street, Sydney NSW 2000

Tel : 02 9276 1700
Fax : 02 9251 7138
RegistryEmail

Company details

ISIN: AU000000AHK7
Address: Suite 9.04A, Level 9, MLC Centre, 19-29 Martin Place, Sydney NSW 2000
Tel:  02 9232 5444 Fax: 02 9232 6826

Date first listed: 09/05/2011
Company Secretary: Ian Mitchell
Sector: Materials Industry Group: XMJ
Activities: Mining explorer with a focus on gold, copper, zinc, iron and rare earth elements in the Lachlan Fold Belt, New South Wales
OFX Transferring Money Internationally to Free

The company lodges its Annual Report for year ended 30 June 2019.

16/10/2020

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 executed an asset sale agreement with Ausgold for the sale of the company's mining tenements on 28 January 2020. The company also executed a DOCA with the directors of the company on 28 January 2020. This follows the creditors voting to accept the DOCA at the reconvened second meeting of creditors held on 6 January 2020.

31/01/2020

The company releases its report to creditors. The Report to Creditors includes details about the proposed restructure of the Company via a Deed of Company Arrangement, which the Administrators recommend creditors vote to accept at the upcoming Reconvened Second Meeting of Creditors on Monday, 6 January 2020.

27/12/2019

The second meeting of creditors was adjourned on 30 October 2019 for up to 45 business days to enable the administrators to: have sufficient time to complete negotiations with interested parties to finalise a sale of assets and/or DOCA proposal and report back to creditors with sufficient information to accurately determine whether entering into a DOCA provides a better return to creditors compared to winding up the company.

06/11/2019

The administrators release a report to creditors.

25/10/2019

The Administrators have commenced a sale process for the company and are seeking expressions of interest to purchase the assets and/or ASX listing of the company. The Administrators are now seeking proposals for: the acquisition of assets of the Company (asset sale transaction) and/or a deed of company arrangement to acquire the ASX listing of the company. The assets for sale are the mining tenements held in the Glencoe, Mt Porter and Frances Creek regions in the Northern Territory.

09/10/2019

The securities of Ark Mines Limited will be suspended from quotation immediately under Listing Rule 17.3, following the appointment of Mr Richard Tucker and Mr Craig Shepard of KordaMentha as voluntary administrators of AHK.

26/09/2019

Richard Tucker and Craig Shepard of KordaMentha were appointed as voluntary administrators of the company on 25 September 2019 by the secured creditor of the company, Chan Investments Limited. The administrators are currently undertaking an assessment of the financial position of the Company with a view to undertaking a restructure, recapitalisation or expressions of interest in the company's assets.

25/09/2019

listed entity carried for record purposes only

09/05/2011

ASX Announcements (courtesy of ASX)

 

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    Directors' on-market share transactions (last 5)

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    Purchases Sales

    DATEDIRECTORNUMBERPRICEAMOUNT
    11/02/2016Roger Jackson30,000$0.090$2,700
    10/02/2016Ian Mitchell9,995$0.075$750
    15/12/2015Ian Mitchell110,005$0.075$8,250
    14/12/2015Roger Jackson6,695$0.075$502
    16/11/2015Roger Jackson3,005$0.075$225

    Click here for the last 20 transactions all companies

    Directors & Executives (current)

    NAMETITLEDATE OF APPT
    Antony CorelChairman22/09/2008
    Roger JacksonManaging Director, CEO21/10/2010
    Ian MitchellDirector29/12/2010

    Date of first appointment, title may have changed.

    Directors & Executives (former)

    NAMETITLEDATE OF APPOINTMENTDATE OF RESIGNATION
    Robert McLennanDirector21/10/201024/07/2013
    John SladeDirector21/10/201027/03/2013

    Date of first appointment, title may have changed.