NOTICE OF UPGRADE

Our websites will be unavailable between the hours of AEST 4AM September 17, 2022 and AEST 11PM on date September 18, 2022

InvestoGain Australia
 

SEARCH LISTED COMPANY


Any AUS or NZ company

Browse Australian listed companies

0-9A B C D E F G H I J K L M N O P Q R S T U V W XY Z

Browse current Australian managed funds

0-9A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

SEARCH PRIVATE COMPANY


SEARCH FUNDS

Find any Australian or New Zealand company or fund (dead or alive) by using SEARCH above or go directly to the site:

AUTECO MINERALS LTD (AUT)

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

Former (or subsequent) names

 FROMTO
FIREFLY METALS LTD14/12/2023
AUTECO MINERALS LTD27/11/201814/12/2023
MONAX MINING LIMITED27/11/2018

Shareholder links

Our website ranking of AUT: rating 2
(2 out of 5)
COMPANY WEBSITE:

 

REGISTRY:

Computershare Brisbane
Level 1, 200 Mary Street Brisbane QLD 4000
Tel : +61 (0)3 9415 4000 or 1300 850 505 (within Australia)
Fax : +61 7 3229 9860
RegistryWebsite RegistryEmail

Company details

ISIN: AU0000031734
Address: Level 2, 8 Richardson Street West Perth WA 6005
Tel:  +61 8 9220 9030Fax: (08) 8375 3999

Date first listed: 21/09/2005
Company Secretary: Maddison Cramer, William Nguyen
Sector: Materials Industry Group: XMJ
Activities: Gold, and other metals exploration

News & Events

Expand this box to read and print

name changed to FireFly Metals Ltd

14/12/2023

The suspension of trading in the securities of AuTeco Minerals Limited will be lifted immediately following the release by AUT of an announcement regarding a material acquisition and associated capital raising.

04/09/2023

The company releases an updated notice of proposed issue of securities.

04/09/2023

The company has received firm commitments for $55 million at an issue price of 2.5c per fully paid ordinary share in its now fully underwritten two-tranche share placement. The proceeds will be used, inter alia, to fund the acquisition of the Green Bay Copper-Gold Project in Newfoundland, Canada. The acquisition comprises an upfront consideration of A$35M in cash and A$15M in shares, followed by an additional A$7.5M cash payment and A$7.5M in shares within 18 months.

04/09/2023

AuTECO Minerals will host a live investor teleconference and webcast at 9am AWST / 11am AEST, Thursday August 31, 2023. The teleconference, which will be hosted by Chairman Ray Shorrocks and Incoming Managing Director Steve Parsons, will focus on AuTECO's agreement to acquire the Green Bay CopperGold Project in Canada.

31/08/2023

The company releases a notice of proposed issue of securities.

31/08/2023

The company releases a Green Bay Copper-Gold Acquisition - Investor Presentation.

31/08/2023

AuTECO has agreed to purchase the Green Bay copper-gold project in Newfoundland, Canada. The Green Bay Cu-Au project has a Resource of 39.2Mt at 2.1% for 811,000t CuEq1, of which 68% is in the Measured and Indicated category. The project has immense potential for resource growth, with a host of outstanding intersections down plunge of the existing resource including: o 22.6m @ 4.4% Cu, 18.0m @ 4.6% Cu, 19.2m @ 10.3% Cu (all ~true width) o 102m @ 1.7% Cu true width (~460m step-out from previous hole, deepest hole drilled). The purchase comes with +A$250M of infrastructure, including an accessible decline, extensive underground development, a 650m shaft, processing plant, port infrastructure and adjacent hydro power. Green Bay was last mined in early 2023 with the operation on care and maintenance since. The transaction comprises upfront consideration of A$35M in cash and A$15M in shares, followed by an additional A$7.5M cash payment and A$7.5M in shares within 18 months. The transaction will be funded by a minimum A$50M two-tranche placement. Retail investors to have the opportunity to participate in a A$3M share purchase plan at the same price as the placement. AuTECO Board and Management will subscribe for up to A$5M of the capital raising, subject to shareholder approval. The proceeds from the placement will be used for the upfront cash consideration and to fund an accelerated resource growth program that includes plans for 700m of underground exploration development and 40,000m of drilling to commence immediately. Following their outstanding success at Bellevue Gold, the AuTECO executive team will be boosted with the appointment of Steve Parsons as Managing Director and Michael Naylor as Executive Director. Highly regarded geologist Darren Cooke to remain Chief Executive, ensuring the core strategy to grow the resource is underpinned by substantial exploration skills and experience.

31/08/2023

The voluntary suspension extension is requested pending the release of information by the Company to the market relating to a material acquisition and associated capital raising. The Company requests that the voluntary suspension remain in place until the earlier of the commencement of normal trading on Monday, 4 September 2023 or until the release of an announcement regarding the Transaction. The Company expects to make the announcement to the market before the commencement of normal trading on Monday, 4 September 2023.

28/08/2023

The securities of AuTeco Minerals Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of AUT, pending the release of an announcement in relation to a material acquisition and associated capital raising.

14/08/2023

The suspension of trading in the securities of Auteco Minerals Ltd will be lifted from the commencement of trading today, Tuesday, 2 May 2023 following lodgement of its quarterly activities and cash flow report (Appendix 5B).

02/05/2023

The securities of the entity will be suspended from quotation under Listing Rule 17.5 from the commencement of trading today, Monday, 1 May 2023, for not lodging the relevant periodic report by the due date. If the report is lodged between the closure of the market announcements office on Friday, 28 April 2023, and the imposition of the suspension, the entity's securities will normally be reinstated to quotation on the next trading day after the suspension is imposed.

01/05/2023

The company lodges its Appendix 5B Cash Flow Report.

01/05/2023

The company lodges its Quarterly Activities Report.

28/04/2023

The suspension of trading in the securities of Auteco Minerals Ltd will be lifted immediately, following receipt of response to an ASX Price Query.

29/06/2020

The company issues a response to an ASX price query.

29/06/2020

The securities of Auteco Minerals Ltd will be suspended from quotation immediately under Listing Rule 17.2, at the request of AUT, pending the release of an announcement regarding the response to an ASX Price Query Letter.

26/06/2020

name changed from Monax Mining Limited

27/11/2018

 

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

Your comments

Please read our Terms before viewing comments.

 

Company Updates

Post your comments here

Please read our Terms before posting comments.
OMISSIONS
    You can post a comment here about this company

    Please click in the "I'm not a robot" box and enter the word/figures you see in the image that then appears.

    loading Posting your comments. Please wait...

     


     

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

    Directors' on-market share transactions (last 5)

    rss feeds

    Purchases Sales

    DATEDIRECTORNUMBERPRICEAMOUNT
    06/07/2022Michael Naylor1,000,000$0.044$44,000
    24/06/2022Steve Parsons859,534$0.040$34,381
    23/06/2022Ray Shorrocks1,000,000$0.040$40,000
    05/05/2021Ray Shorrocks100,000$0.087$8,700
    30/04/2021Ray Shorrocks125,000$0.088$11,000

    Click here for the last 20 transactions all companies

    Directors & Executives (current)

    NAMETITLEDATE OF APPT
    Ray ShorrocksNon Exec Chairman28/01/2020
    Steve ParsonsManaging Director28/01/2020
    Darren CookeCEO01/02/2021
    William NguyenCFO13/06/2022
    Kevin TomlinsonNon Exec Director15/12/2022
    Michael NaylorExecutive Director30/11/2018

    Date of first appointment, title may have changed.

    Directors & Executives (former)

    NAMETITLEDATE OF APPOINTMENTDATE OF RESIGNATION
    Nick KatrisCFO02/05/2022
    Sam BrooksExecutive Director30/11/201802/12/2020
    Ian GordonNon Exec Director01/06/201728/01/2020
    Paul PayneNon Exec Director20/03/201818/01/2019
    Glenn DavisNon Exec Director03/08/200430/11/2018
    Robert KennedyNon Exec Chairman03/08/200420/03/2018
    Gary FerrisManaging Director01/09/200902/08/2017
    Ian WittonAlternate Director13/03/200929/10/2015
    Virginia SuttellCFO21/11/200730/06/2015
    Reg NelsonNon Exec Director03/08/200401/08/2012
    Ewan VickeryAlternate Director07/02/201101/08/2012
    Neville AlleyNon Exec Director27/01/200516/11/2011
    Michael SchwarzManaging Director29/09/200531/08/2009

    Date of first appointment, title may have changed.