SPECIAL NOTICE

We are working on upgrading our websites and despite our best endeavours have experienced census type calamities for almost a week now. Our apologies, we hope to have all problems resolved by Monday August 15th.

SEARCH BY NAME

BROWSE

Browse Australian listed companies0-9A BC DE FGH IJ KL MN OP QR ST UV WX YZ
Browse current Australian managed funds0-9A BCDE FGH IJKL MNOP QRST UVWX YZ

SEARCH BY CODE

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

BASS METALS LTD (BSM)

Listed on ASX

SHARE PRICES

(updated weekly)

Former (or subsequent) names

Shareholder links

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

 

REGISTRY:

Computershare, Level 11, 172 St Georges Terrace, Perth WA 6000

Tel : +61 (0)3 9415 4000 or 1300 850 505 (within Australia)
Fax : +61 3 9473 2500
RegistryWebsite RegistryEmail

Company details

Address: Level 2, 45 Richardson Street WEST PERTH WA 6005
Tel:  (07) 3203 5894 Fax: 08 9481 2846

Date first listed: 20/10/2005
Company Secretary: David Round
Sector: Materials Industry Group: XMJ
Activities: Australian mineral explorer with gold and copper projects in the Mt Read Volcanic belt of NW Tasmania

The suspension of trading in the securities of Bass Metals Limited will be lifted immediately, following the release by the Company of an announcement regarding a capital raising.

22/12/2016

The company has received firm commitments for a A$2.275m strategic capital raising, to pay out at a material discount its future purchase obligations to Stratmin Global Resources and to provide ongoing funding for the company's production optimisation program at the Graphmada graphite mine.

22/12/2016

Bass Metals Limited requests a continuation of its voluntary suspension of trading in its securities prior to the commencement of trading on Tuesday 20 December 2016. The suspension is requested pending an announcement relating to a capital raising. The suspension is expected to last until the earlier of an announcement or the commencement of trading on Thursday 22 December 2016.

20/12/2016

The securities of Bass Metals Limited will be suspended from official quotation immediately at the request of the Company, pending the release of an announcement.

16/12/2016

The suspension of trading in the optionsissued by Bass Metals Limited exercisable at $0.025 each on or before 31 December 2018 will be lifted before the commencement of trading on Monday, 5 September 2016, following the release of an announcement regarding the quotation of the Options. Security Code: BSMOB

02/09/2016

The options to be issued by Bass Metals Limited (the "Company") exercisable at $0.025 each on or before 31 December 2018 (the "Options") will be suspended from official quotation from the commencement of trading on Monday, 29 August 2016 pending confirmation of the quotation of the Options by the Company. The Company's fully paid ordinary shares (ASX Code: BSM) are not affected by this suspension.

26/08/2016

The suspension of trading in the securities of Bass Metals Limited will be lifted immediately following the release of an announcement regarding supplementary disclosure with respect to the Company's non-renounceable rights issue prospectus.

19/08/2016

The Directors of Bass Metals Ltd are pleased to announce the revocation by ASIC of the interim order made in relation to the Company's Rights Issue prospectus dated 12 July 2016. The Company has lodged a supplementary prospectus providing further disclosure in relation to the Company's proposed acquisition of the Loharano Graphite Mine as to tenure, the Company's business model including its plans to expand the quantity and quality of production, technical data, use of funds, and audited accounts of the Stratmin Group. Additional disclosure is also provided in relation to the Company's intentions as to its Tasmanian assets.

19/08/2016

The company wishes to advise that it has extended the closing date for the Company's non-renounceable rights issue to Friday 26 August 2016. The Company continues to liaise proactively with ASIC in relation to the interim stop order and additional disclosures requested and expects to provide final materials to ASIC today for consideration over the next few days.

16/08/2016

The company has extended the closing date for the Company's non-renounceable rights issue, made under a prospectus dated 12 July 2016, until Friday 19 August 2016. The Company continues to liaise with ASIC in relation to the Interim Stop Order. The extension will allow the company to finally resolve matters relating to the Order.

09/08/2016

The company has extended the closing date for the Company's non-renounceable rights issue, made under a prospectus dated 12 July 2016, until Friday 12 August 2016. The extension will allow the Company sufficient time to conclude its discussions with ASIC in relation to the Interim Stop Order and resolve matters relating to the Order.

02/08/2016

The company lodges its Quarterly Activities Report.

29/07/2016

The company lodges its Quarterly Cashflow Report.

29/07/2016

The securities of Bass Metals Limited (the "Company") will be suspended from official quotation immediately at the request of the Company, pending the release of an announcement.

29/07/2016

The suspension of trading in the securities of Bass Metals Limited will be lifted immediately following the release of an announcement regarding the capital raising.

13/07/2016

Bass Metals Limited ("Bass" ASX: "BSM") is pleased to announce the successful completion of the accelerated institutional component of the non-renounceable rights issue announced on Thursday, 7 July 2016. Bass has secured firm commitments to raise $1,946,045 (before expenses) in the accelerated institutional component from eligible shareholders and new investors. Shares from the accelerated institutional component of the rights issue are expected to be issued on Thursday 14 July 2016 and will commence trading on a normal basis on the ASX the next day.

13/07/2016

The company issues a prospectus for a non-renounceable pro rata offer to Eligible Shareholders of 1 New Share for every 1 Existing Share at an issue price of $0.012 per New Share with 1 free attaching New Option (exercisable at $0.025 on or before 31 December 2018) for every 2 New Shares issued to raise $5,520,338 before issue costs.

13/07/2016

The company releases an investor presentation.

07/07/2016

The company is pleased to announce that it has signed a formal sale agreement with Stratmin Global Resources PLC to acquire 100% of the operating Graphmada large flake graphite mine in Madagascar. A$5.5 million 1-for-1 non-renounceable rights issue will fund immediate production lift and commence expansion studies on completion of the acquisition.

07/07/2016

The securities of Bass Metals Limited will be suspended from official quotation from the commencement of trading today, 4 July 2016, at the request of the Company, pending release of an announcement regarding a proposed capital raising and the Graphmada agreement.

04/07/2016

securities reinstated

26/03/2012

Bass Metals Ltd (ASX: BSM) provides a further update on discussions with key stakeholders regarding its financial position.

16/03/2012

provides another update - the Board is of the view that the Company" securities should remain suspended

09/03/2012

provides an update on its operational activities and discussions with key stakeholders regarding its financial position

22/02/2012

Bass Metals Ltd (ASX: BSM) wishes to advise that it is currently in discussions with its bankers, RMB Australia Holdings Limited, and other key contractors and suppliers regarding the ongoing operation of the Fossey Mine. The Company has scaled down exploration and some mining activities to reduce expenditures whilst this process is underway. Accordingly the Board of Bass Metals is of the view that the Company" securities should remain in suspension until the outcome of these discussions, which are critical to the Company" continued financial viability, are known

07/02/2012

The securities of Bass Metals Ltd (the "Company") will be suspended from quotation immediately, at the request of the Company, pending the release of an announcement regarding the finalisation of a modified operating plan and completion of discussions with the secured financier and the Company's financial position. Security Code: BSM BSMO

25/01/2012

securities reinstated

07/11/2011

the Company confirms allotment and issue of 74,247,618 new fully paid ordinary shares and 61,476,048 new options expiring 30 September 2014 exercisable at $0.20 has occurred today and despatch of holding statements has been completed

04/11/2011

the resolution presented at the General Meeting of shareholders held today has been passed on a show of hands

31/10/2011

company notifies Shareholders of the final exercise price of the up to 86.7 million Lender Options proposed to be issued at no cost to RMB Australia Holdings Limited (or its nominee) prior to the General Meeting approving the issue which will be held on 31 October 2011 - that is the lesser of: (a) 20 cents per share or (b) a 20% premium to the Equity Raising Price where "Equity Raising Price" is defined as "the price per share of binding commitments received by Bass Metals to raise at least $8 million of new equity by 31 October 2011"

28/10/2011

company provides its latest corporate presentation which the Company's Chief Operating Officer, Mr. Victor Rajasooriar, and Exploration Manager, Mr. Kim Denwer, are presenting at the Mining 2011 Resources Convention in Brisbane, Queensland

27/10/2011

reported strong progress with the turnaround in the performance of its 100% owned Fossey mine in Tasmania

25/10/2011

advises of a new high-grade McKay drill intercept

20/10/2011

company invites its shareholders and potential investors to attend a series of Open Investor Forums to receive an update on the Company's recent operational and corporate activities, including the non-renounceable entitlements offer

13/10/2011

the sixth mill campaign at Hellyer commenced on 3 October 2011 as planned. The budget plan was to treat 67,321 tonnes of ore grading 7.8% zinc, 4.6% lead with significant silver, gold and copper credits. By the beginning of the campaign, the predicted mined tonnage and grades stockpiled at the Hellyer Mill was estimated to be 67,232 tonnes grading 9.1% zinc, 5.3% lead, 0.4% copper, 101g/t silver and 1.9 g/t gold. Bass Metals' Managing Director, Mike Rosenstreich, said the mine is tracking well with development and production meeting the planned production targets

13/10/2011

company advises that the Closing Date for its non-renounceable entitlements offer ("the Offer") announced on 15 September 2011 has been extended to 5.00pm (Perth time) on Wednesday 26 October 2011. The extension is to enable extra time for Australian shareholders, living overseas, which comprise a significant proportion of the overall shareholder base to receive and consider the Offer documents as well as to enable the Company to hold a series of open investor forums in each Australian capital city; dates and venues to be announced

10/10/2011

lodges annual report for 2011

30/09/2011

the Company confirms that it has completed the despatch of the non-renounceable entitlement offer Prospectus and the Entitlement and Acceptance Forms to eligible shareholders.

29/09/2011

the General Meeting of the Shareholders of Bass Metals Ltd ("Bass Metals" or "the Company") will be held as follows: TIME: 9.00am DATE: Monday, 31 October 2011 LOCATION: The Offices of Bass Metals Ltd Level 1, 91 Havelock Street, West Perth

27/09/2011

all resolutions presented at the General Meeting of shareholders held today have been passed on a show of hands

26/09/2011

company advises that it has received confirmation from RMB Australia Holdings Ltd (RMB) that its existing Corporate Loan facility has been increased by $13 million. As announced on 24 and 31 August, 2011 Bass is now seeking to raise a further $8 million (but up to $10.7 million) through an entitlements offer to existing shareholders, which coupled with the new debt facility will complete the recapitalisation of the Company

12/09/2011

company provides an update on the recent operating performance at its Hellyer operations in northwest Tasmania, and to report that its mining and milling operations in NW Tasmania are emerging from recent technical set-backs in a positive manner based on the operating outcomes achieved, as well as to report some very encouraging exploration outcomes

09/09/2011

the company anticipates being able to provide a definitive update on the structure and timing of its fundraising initiatives on or before 9 September, 2011

31/08/2011

provides an update on the second tranche of its fundraising initiatives - the Company is in discussions with a number of equity providers to raise new equity by way of a proposed entitlements issue to existing Bass shareholders. Separately, RMB Resources Limited today signed a mandate to arrange an increase in the existing Corporate Loan Facility by up to $13 million, subject to RMB Resources credit approval and finalisation of due diligence

24/08/2011

notice is given that the General Meeting of the Shareholders of Bass Metals Ltd ("Bass Metals" or "the Company") will be held as follows: TIME: 10.00am DATE: Monday, 26 September 2011 LOCATION: The Celtic Club, 48 Ord Street, West Perth - the purpose of the meeting is to seek your approval of various resolutions relating to recent capital raising activities of the company

19/08/2011

company reports that a revised mine plan for the Hellyer Mine Project (HMP) in Tasmania has been completed, providing a clear path for revitalising Bass' business plan and its future growth aims

20/07/2011

shares suspended from quotation pending release of an announcement

13/07/2011

shares reinstated to quotation

14/04/2011

shares suspended from quotation pending release of an announcement

13/04/2011

shares reinstated to quotation

24/11/2009

shares suspended from quotation pending release of an announcement

20/11/2009

shares reinstated to quotation

26/10/2007

shares suspended from quotation pending release of an announcement

24/10/2007

shares reinstated to quotation

15/03/2007

shares suspended from quotation pending release of an announcement

14/03/2007

name changed from Resource Finance and Investments Limited

19/01/2006

ASX Announcements (courtesy of ASX)

 

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.

    Posting your comments. Please wait...


    Directors' on-market share transactions (last 5)

    rss feeds

    Purchases Sales

    DATEDIRECTORNUMBERPRICEAMOUNT
    03/05/2019Peter S. Wright1,000,000$0.009$9,000
    20/12/2018Peter S. Wright399,898$0.014$5,598
    20/09/2018Peter S. Wright1,000,000$0.027$27,000
    16/03/2018Peter S. Wright675,096$0.023$15,188
    02/10/2017Peter S. Wright1,000,000$0.012$12,000

    Click here for the last 20 transactions all companies

    Directors & Executives (current)

    NAMETITLEDATE OF APPT
    Richard AnthonNon Exec Chairman04/10/2013
    Tim McManusCEO07/07/2016
    David RoundCFO12/06/2015
    Peter S. WrightNon Exec Director02/09/2016
    Jeffrey MarvinExecutive Director12/06/2015

    Date of first appointment, title may have changed.

    Directors & Executives (former)

    NAMETITLEDATE OF APPOINTMENTDATE OF RESIGNATION
    David PremrajNon Exec Director24/12/201402/09/2016
    Arno de VosCFO09/05/201412/06/2015
    Tony TreasureNon Exec Director02/12/200812/06/2015
    Mark SykesExecutive Director, COO11/10/201324/12/2014
    Pierre MalherbeCFO02/04/201309/05/2014
    Herbert SolomonNon Exec Director04/10/201311/02/2014
    Michael RosenstreichManaging Director15/12/200404/10/2013
    Craig McGownNon Exec Director07/07/200404/10/2013
    Barry SullivanNon Exec Director09/01/201204/10/2013
    Neil FearisAlternate Director01/10/201304/10/2013
    Victor RajasooriarExecutive Director18/11/201130/04/2012
    Don BoyerNon Exec Chairman02/08/200409/01/2012
    Kieran RodgersNon Exec Director01/10/2008

    Date of first appointment, title may have changed.