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Link Market Services,Level 21, 10 Eagle Street Brisbane QLD 4000

Tel : +61 7 3320 2200 or 1300 554 474
Fax : +61 2 9287 0303
RegistryWebsite RegistryEmail

Company details

ISIN: AU000000AKN5
Address: C/- HopgoodGanim Level 8, Waterfront Place, 1 Eagle St, Brisbane, Qld 4000
Tel:  +61 7 3211 9013 Fax: +61 7 3010 9001

Date first listed: 29/10/2007
Company Secretary: Mr Paul Marshall
Sector: Materials Industry Group: XMJ
Activities: Exploration for and development of minerals in Australia and overseas

The company has signed a mandate with Sydneybased Novus Capital Limited as the Lead Manager for its upcoming capital raising and proposed re-quotation on the ASX. Novus will lead and co-ordinate all funds raised for the AKN capital raising and will continue to provide corporate advisory services after that activity is completed. AKN is proposing to raise a minimum of $6M, with provision to accept oversubscriptions for a further $1M, in order to raise sufficient funds to enable AKN to carry out its earn-in obligations at the Koongie Park copper/zinc project in northeastern Western Australia. AKN intends to commence the capital raising in October/early November 2020.


The company lodges its Preliminary Half Year Accounts.


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.


The company lodges its Quarterly Cashflow Report.


The company lodges its Quarterly Activities Report.


The company releases the results of its meeting.


The company releases a notice of Proposed issue of Securities - AKN.


The company has issued 150,000 convertible notes in the company at an issue price of $1 per note to a sophisticated private investor. The convertible note terms are identical to the company's existing issued notes. The funds raised from the issue of these convertible notes will be used for ongoing operating costs and costs associated with the Koongie Park earn-in agreement and the company's re-compliance activities including a prospectus capital raising, shareholder meeting and other actions as may be required by ASX.


CSA Global has been appointed to act as independent technical specialist for the company in relation to the Koongie Park project.


The company's AGM will be held on Thursday, 30 July 2020 at 9.30am (Brisbane time) at Level 7 Waterfront Place 1 Eagle St, Brisbane.


Anglo Australian Resources releases an announcement regarding entering into a binding term sheet with AuKing Mining in respect of the Koongie Park Base Metals Project in the Kimberley region of WA. AuKing can earn up to a 75% interest in the Koongie Park Project by making a $1m cash payment to Anglo Australian and spending $3m on exploration via two earn-in periods over an aggregate three-year period.


AKN has entered into an agreement withAnglo Australian Resources NL to earn up to a 75% interest in the Koongie Park copper/zinc project, situated 25kms south-west of Halls Creek in northern Western Australia. Koongie Park is already a significant undeveloped base metals project with publicly reported JORC 2004 resources containingcopper, zinc, gold and silver. Koongie Park has been the subject of extensive exploration drilling and feasibility studies, focussing on deeper sulphide resources as the near-surface oxides could not be processed. As part of the transaction, AKN will engage the services of a group that licences the Ammleach ammoniacal leaching process. AKN can earn up to a total 75% Koongie Park project interest by incurring $4M of expenditure over a period of 3 years. That funding is intended to be sufficient to carry out necessary processing testwork and establish the commercial feasibility study for the development of a mine at Koongie Park.


The company lodges its Quarterly Cashflow Report.


The company lodges its Quarterly Activities Report.


The company lodges its Quarterly Cashflow Report.


The company lodges its Quarterly Activities Report.


The company lodges its Quarterly Cashflow Report.


The company lodges its Quarterly Activities Report.


The securities of AuKing Mining Limited will be suspended from quotation immediately, following receipt of an announcement regarding a transaction that will result in a change of its activities. AKN's securities will remain suspended until it has complied with Chapters 1 and 2 of the Listing Rules under Listing Rule 11.1.3 and AKN's operations are adequate to warrant the continued quotation of its securities under Listing Rule 12.1.


name changed from Chinalco Yunnan Copper Resources Ltd


ASX Announcements (courtesy of ASX)


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    Directors' on-market share transactions (last 5)

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    Purchases Sales

    28/04/2014Paul Williams90,000$0.035$3,147
    22/04/2014Paul Williams110,000$0.031$3,450
    23/08/2011Jason Beckton74,560$0.200$14,932

    Click here for the last 20 transactions all companies

    Directors & Executives (current)

    Huaisheng PengNon Exec Chairman06/12/2016
    Paul WilliamsManaging Director, CEO06/03/2013
    Paul MarshallCFO07/01/2007
    Qinghai WangNon Exec Director16/03/2016
    Zewen YangExecutive Director01/08/2007

    Date of first appointment, title may have changed.

    Directors & Executives (former)

    Zhihua YaoNon Exec Chairman23/12/201006/12/2016
    Xiancheng WangNon Exec Director16/03/201606/12/2016
    Richard HatcherExecutive Director12/12/201228/08/2013
    Jason BecktonNon Exec Director31/07/200706/03/2013
    Norman ZillmanNon Exec Chairman27/01/199812/12/2012
    Liang ZhongCo-Chairman 23/12/2010
    Chao YangNon Exec Chairman24/11/2009
    Stanley ElliottNon Exec Director24/11/2009
    Shaolu ZouChairman30/01/2008
    Yu WeipingNon Exec Director30/01/2008

    Date of first appointment, title may have changed.