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CLASSIC MINERALS LTD (CLZ)

Listed on ASX

SHARE PRICES

Former (or subsequent) names

 

Shareholder links

Our website ranking of CLZ: 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: AU000000CLZ3
Address: 71 Furniss Road, Landsdale, WA, 6065
Tel:  (08) 6305 0221 Fax: 

Date first listed: 24/05/2013
Company Secretary: Madhukar Bhalla
Sector: Materials Industry Group: XMJ
Activities: Base metals exploration, with a particular focus on gold

The suspension of trading in the securities of Classic Minerals Limited will be lifted immediately, following the release by CLZ of an announcement regarding exploration results from its Kat Gat Project.

30/07/2019

Kat Gap continues to grow with the main granite-greenstone contact gold lode doubling in strike length to 400 metres with significant gold mineralisation intersected on the northern extension drill lines. The system is wide open with no historical RC drilling further north along strike. High grade gold intercepts returned from up-dip, down-dip and north along strike. This round of RC drilling at Kat Gap was focused primarily on testing a 200m long northly strike extension of the main granite-greenstone contact along with testing up-dip and down-dip projections of previous highgrade intercepts. System remains open in all directions. High grades and shallow nature of the gold mineralised system on the granite-greenstone contact will enhance the economics of any future open pit mining operation.

30/07/2019

The securities of Classic Minerals Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of CLZ, pending the release of an announcement regarding drilling results.

29/07/2019

The suspension of trading in the securities of Classic Minerals Limited will be lifted immediately following the release by CLZ of an announcement about CLZ obtaining Federal Court orders with respect to the issue of securities by CLZ.

12/12/2018

The company was successful in obtaining all orders sought at the Federal Court of Australia hearing held this morning. The orders relate to 308 securities issues made by Company during the period June 2016 to September 2018, which were issued without disclosure and without a cleansing notice or cleansing prospectus. The orders obtained were that any offer for sale or sale of the quoted securities in the Company during the period after their issue is not invalid by reason of: the failure to issue a cleansing notice under s 708A(5)(e) of the Corporations Act or a cleansing prospectus under s 708A(11) of the Corporations Act, to exempt the sellers from the obligation of disclosure under the Corporations Act; and the sellers' consequent failure to comply with sections 707(3) and 727(1) of the Corporations Act.

12/12/2018

Kat Gap continues to deliver high-grade gold intercepts from shallow depth. RC drilling at Kat Gap conducted over 200m of strike focused mainly on shallow up-dip testing of recent high-grade intercepts along with strike extensions to the north. System remains open in all directions. High grades and shallow nature of the gold mineralised system will enhance the economics of any future open pit mining operation.

12/12/2018

The company releases the results of its meeting.

30/11/2018

The company releases a circular to shareholders regarding the suspension of its securities from trading and what steps the company is taking to rectify this.

19/11/2018

A directions hearing regarding the federal court proceedings was held on 14 November 2018. At the directions hearing the matter was adjourned to 12 December 2018 effectively to enable the company to provide further information to the Court.

19/11/2018

The company issues a prospectus for the conditional offer of 1,000 Shares to the Public at an issue price of $0.01 each to raise $10.

16/11/2018

1000m of RC drilling underway at Kat Gap after highly successful campaign in August 2018. The assay results are expected in late November. Drilling will extend strike and up-dip extensions of Kat Gap high grade mineralisation.

05/11/2018

The company releases a notice of AGM with an amended proxy form.

05/11/2018

The company releases a notice of AGM and explanatory statement. The meeting will be held at 11.00 a.m WST on Friday 30th November 2018 at Mosman Bay Room, Hyatt Regency Perth, 99 Adelaide Terrace, PERTH WA 6000.

02/11/2018

The company releases its Corporate Governance - Appendix 4G.

31/10/2018

The company has lodged an application in the Federal Court of Australia seeking relief in respect of a number of issues of securities made by the company. The matter has been set down for a first mention date on 14 November 2018.

31/10/2018

The company lodges its Quarterly Activities and Cashflow Report.

29/10/2018

The company lodges its Annual Report to shareholders.

26/10/2018

The company lodges its Full Year Statutory Accounts.

16/10/2018

The company issues a prospectus for the conditional offer of 1,000 Shares to the Public at an issue price of $0.01 each to raise $10.

09/10/2018

Kat Gap returns its best ever high-grade gold intercept from shallow depth. RC drilling at Kat Gap conducted over 160m of strike plus several deeper holes drilled testing down-dip potential. System remains open in all directions. Two deeper RC holes at Kat Gap targeting interpreted down plunge potential return very encouraging assays. Drilling at Lady Magdalene continues to uncover potential cross-cutting quartz veins similar in orientation to the high-grade Lady Ada deposit. Lady Lila results continue to impress yielding further zones of gold mineralisation along strike.

08/10/2018

The company issues a response to ASX Query.

28/09/2018

The securities of Classic Minerals Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of CLZ, pending the release of an announcement regarding declaratory relief from the Federal Court to validate share trades in CLZ's securities.

28/09/2018

The suspension of trading in the securities of Classic Minerals Limited will be lifted from the commencement of trading today, 3 August 2018 following the release by the Company of an announcement relating to the completion of a capital raising.

03/08/2018

$1.8 million was raised via Placement to institutional and sophisticated investors located in Australia at $0.0045 per share. There is strong demand from new major domestic institutional and high net worth investors. Funds will be used to progress upcoming drilling program at the Forrestania Gold Project. The company made a further review of the Fraser Range Nickel-Copper-Cobalt project in light of the nearby discovery made by famed prospector, Mark Creasy.

03/08/2018

The securities of Classic Minerals Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of the Company, pending the release of an announcement regarding a capital raising.

02/08/2018

The securities of Classic Minerals Limited will be reinstated to official quotation from the commencement of trading tomorrow, Thursday 2 November 2017, following the release of the Company's annual report to shareholders.

01/11/2017

The company lodges its Annual Report to shareholders.

01/11/2017

The company's securities will be suspended from official quotation from the commencement of trading today 1 November 2017 following failure to lodge its periodic report for the period ended 30 June 2017 in accordance with ASX listing rules.

01/11/2017

The securities of Classic Minerals Ltd will be reinstated to official quotation from the commencement of trading today, 2 May 2017 following the release of an announcement regarding a scoping study.

02/05/2017

The company has completed a Scoping Study based on the Inferred and Indicated Mineral Resource at its 80% owned Forrestania Gold Project, located approximately 120 km south of Southern Cross, WA and 17 km southwest of the historic Bounty Mine site (mined/current resources of +2.0M oz Au). This Scoping Study refers to the Lady Ada (formally referred to as Blue Haze) and Lady Magdalene (formally Red Haze) deposits.

02/05/2017

The company lodges its Quarterly Activities and Cashflow Reports.

28/04/2017

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

26/04/2017

The suspension of trading in the securities of Classic Minerals Limited will be lifted immediately, following receipt of an announcement.

14/03/2017

The announcement "Classic acquires 216K Oz Forrestania Gold Project" is being re-released with additional and amended information to comply with disclosure requirements. There's also a clarification on shareholder approval requirements and also an amendment to the transaction terms, whereby the consideration has been changed.

14/03/2017

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

03/03/2017

The suspension of trading in the securities of Classic Minerals Limited will be lifted from the commencement of trading tomorrow, Friday, 1 April 2016, following the release of an announcement regarding the Doherty Gold Project and the release of the half yearly accounts for the period ended 31 December 2015.

31/03/2016

The company is pleased to announce that it has entered into an agreement with Accelerated Mining Pty Limited on Doherty's Gold Project. Classic Minerals has signed and executed the sale of mining interest agreement with Accelerated Mining. By signing this agreement, it will give Accelerated Mining the right to explore, mine, process and sell the gold ore from the Doherty's Gold Project M57/619.

31/03/2016

The company lodges its half yearly accounts.

31/03/2016

The securities of Classic Minerals Limited (the "Company") will be suspended from official quotation immediately at the request of the Company, pending the release of an announcement and the half yearly financial statements for the period ending 31 December 2015.

15/03/2016

The securities of Classic Minerals Limited (the "Company") will be lifted immediately, following receipt of an announcement by the Company. . Security Code: CLZ

12/12/2013

The securities of Classic Minerals Limited (the "Company") will be suspended from quotation immediately pending the release of an announcement. Security Code: CLZ CLZO

11/12/2013

The securities of Classic Minerals Limited (the "Company") will be reinstated to official quotation as from the commencement of trading tomorrow, Friday 4 October 2013, following release of the Company's full year accounts for the year ended 30 June 2013. Security Code: CLZ

03/10/2013

suspended from Official Quotation from the commencement of trading today 1 October 2013 following failure to lodge their Full Year Accounts for the period ended 30 June 2013 in accordance with Listing rules

01/10/2013

ASX Announcements (courtesy of ASX)

 

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    Directors' on-market share transactions (last 5)

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    Purchases Sales

    DATEDIRECTORNUMBERPRICEAMOUNT
    20/07/2017Lu Ning Yi2,751,915$0.011$30,000

    Click here for the last 20 transactions all companies

    Directors & Executives (current)

    NAMETITLEDATE OF APPT
    Dean GoodwinCEO10/11/2017
    Jeffrey NurseCFO22/04/2014
    Stephen O'GradyNon Exec Director09/06/2020
    Frederick SalkanovicNon Exec Director31/08/2017
    John LesterNon Exec Director10/11/2017
    Lu Ning YiNon Exec Director12/11/2015

    Date of first appointment, title may have changed.

    Directors & Executives (former)

    NAMETITLEDATE OF APPOINTMENTDATE OF RESIGNATION
    Justin DoutchNon Exec Director16/09/201116/11/2017
    Kent HunterNon Exec Director29/11/201307/09/2017
    Stanislaw ProcakNon Exec Director03/09/201030/11/2015
    Paul LambrechtNon Exec Director06/02/201229/11/2013
    Kevin RobertsonNon Exec Chairman02/11/2012
    Angelo IkonomouManaging Director15/11/2011

    Date of first appointment, title may have changed.