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EASTERN METALS LIMITED (EMS)

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ASX, Legal & CGT Status

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

 

REGISTRY:

BoardRoom Australia
Level 8, 210 George Street, Sydney NSW 2000 GPO Box 3993 Sydney NSW 2001
Tel : 1300 737 760 (in Australia) +61 2 9290 9600 (International)
Fax : Within Australia: 1300 653 459 Outside Australia: +61 2 9279 0664
RegistryWebsite RegistryEmail

Company details

ISIN: AU0000173304
Address: C/-BOARDROOM PTY LIMITED LEVEL 8 210 GEORGE STREET SYDNEY NSW 2000
Tel:  02 9290 9600

Date first listed: 25/10/2021

Activities: Eastern Metals Limited (Company) is an Australian junior base and precious metals exploration company with initial interests in three projects located in the Northern Territory and New South Wales

News & Events

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The company announces that its off-market takeover offer for Raptor Resources Limited is now wholly unconditional. This update follows earlier announcements regarding the offer period extension. The offer will close at 7:00 PM (AEDT) on 19 December 2025, unless further extended.

12/12/2025

The company is proceeding with the unconditional takeover offer for all ordinary shares in Raptor Resources Limited, following multiple related announcements and referring to the Bidder's Statement dated 15 October 2025.

12/12/2025

The company lodges its notice of cessation of securities.

09/12/2025

The company has extended its takeover offer for Raptor Resources Limited until 19 December 2025. Accepting shareholders may withdraw their acceptance due to this extension, as detailed in the accompanying notice.

05/12/2025

The company extends public offer closing date to December 15, 2025.

04/12/2025

The company releases the results of its annual general meeting.

28/11/2025

The company announces a fourth extension of its off-market takeover offer for Raptor Resources Limited shares. The new offer closing time is set for 7:00 PM (AEDT) on 17 December 2025, with the deadline for providing notice on defeating conditions set for 9 December 2025. A notice has been lodged with ASIC and will be shared with Raptor shareholders accordingly.

28/11/2025

The company has extended the public offer closing date to December 4, 2025, allowing more time for investor applications.

28/11/2025

The company lodges its notice of cessation of securities.

26/11/2025

On 14 November 2025, eligible EMS shareholders will receive approximately 1 AGC share for every 37.347 EMS shares held, totaling 3,732,936 AGC shares.

26/11/2025

The company announces a third extension of the offer period for its off-market takeover bid for Raptor Resources Limited. The offer now closes at 7:00 PM (AEDT) on 8 December 2025. Notice regarding the status of the defeating conditions is due by 28 November 2025, and a copy of the variation notice will be provided to each Raptor shareholder.

24/11/2025

The company announces the fulfillment of conditions related to its off-market takeover of Raptor Resources Limited. This includes meeting the Minimum Acceptance Condition and the EMS Shareholder Approval Condition as outlined in the Bidder's Statement. A notice has been lodged with ASIC and shared with Raptor, referencing these developments.

24/11/2025

The company has completed a 2-for-1 capital consolidation approved by shareholders on 7 November 2025.

20/11/2025

The company has extended its takeover offer for Raptor Resources Limited, now closing at 7.00pm AEDT on 1 December 2025.

14/11/2025

The company releases an update on Appendix 3A.5 Notification in specie capital return.

14/11/2025

The company confirmed the completion of the sale of four NSW tenements to Australian Gold and Copper Limited. EMS received approximately 6.933 million shares worth $1.3 million, with a subsequent distribution of 3.733 million shares planned for shareholders.

12/11/2025

The company has announced a variation to its takeover offer for Raptor Resources Limited. The offer period has been extended, and the new closing time is set for 7.00pm (AEDT) on 24 November 2025, with the deadline for notifying the status of defeating conditions moved to 14 November 2025. The notice, following section 650D of the Corporations Act 2001, has been filed with ASIC and will be distributed to all Raptor shareholders as required.

11/11/2025

The company releases the results of its general meeting.

07/11/2025

The company lodges its quarterly activities and cash flow reports for September 2025.

03/11/2025

The company will hold its annual general meeting at midday (AEDT) on 28 November 2025 at Level 7, 1 Martin Place Sydney NSW 2000.

28/10/2025

The company releases a recompliance prospectus for an offer of up to 250,000,000 Shares at an issue price of $0.02 per Share to raise up to$5,000,000.

16/10/2025

The company lodged a bidder's statement for an off-market takeover of Raptor Resources, opening 17 October 2025 and closing 17 November 2025.

16/10/2025

Securities of the company have been suspended for over three months, as detailed in the table unfiled periodic reports, deadlines for the oldest report, and two-year plans for resuming trade. Failure to meet these deadlines leads to removal from the official list after the specified trading day.

15/10/2025

The company releases a prospectus for an offer to transfer $700,000 worth of AGC shares to shareholders of Eastern Metals Limited pursuant to a capital return by way of an in-specie distribution contained in the capital return resolution in the notice of meeting dated 7 October 2025 and to facilitate secondary trading of those shares.

09/10/2025

The company releases its notice of return of capital by way of in specie distribution of securities in another entity.

08/10/2025

The company lodges its notice of security consolidation or split.

08/10/2025

The company will hold its general meeting on 7 November 2025 at 11:00am (AEDT) at Level 7, 1 Martin Place Sydney NSW 2000.

08/10/2025

The company has entered a Bid Implementation Agreement to acquire 100% of Raptor Resources Limited, an exploration company with key copper and gold assets. Following the acquisition, EMS plans a capital raising of $4.5m-$5m and will rename to Raptor Metals Ltd, focusing on exploration.

08/10/2025

The company lodges its annual report, appendix 4G, and corporate governance statement for 2025.

30/09/2025

The company has signed a binding tenement sale agreement with Australian Gold and Copper for the sale of its Browns Reef Project, adjacent to AGC's South Cobar Project in NSW. The sale will require shareholder approval under Chapter 11 of the ASX Listing Rules. The sale is expected to provide immediate benefits for existing shareholders.

05/08/2025

Australian Gold and Copper Ltd has signed a binding tenement sale agreement with Eastern Metals Limited for the acquisition of its 6.5km-long Browns Reef Project, adjacent to its existing South Cobar Project in NSW. The acquisition will add 1,269km² of highly prospective exploration tenure to AGC's existing South Cobar Project, expanding its footprint to 2,600km².

05/08/2025

The company releases its quarterly activities and cash flow reports for June 2025.

31/07/2025

The company releases its application for quotation of securities.

12/05/2025

The company has signed a binding Heads of Agreement with Red Hill Minerals Ltd for the sale of its 1.5% Thomson Project net smelter royalty, after divesting the project to Legacy Minerals Holdings Ltd in June 2024.

05/05/2025

The company lodges its quarterly activities and cash flow reports for March 2025.

30/04/2025

The company has received commitments to raise A$250,000 through an initial placement of 25,000,000 fully paid ordinary shares at an offer price of A$0.01. The company will also issue one attaching unlisted option for every new EMS Share. Funds raised will cover the proposed transaction and initial placement costs.

24/04/2025

The securities of Eastern Metals Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of EMS, pending the release of an announcement regarding its entry into binding documentation for, and completion of, a proposed acquisition.

24/04/2025

listed entity carried for record purposes only

25/10/2021

 

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

    Directors' on-market share transactions (last 5)

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    Purchases Sales

    DATEDIRECTORNUMBERPRICEAMOUNT
    06/05/2024Robert Duffin600,000$0.033$19,650
    27/02/2024Robert Duffin1,000,000$0.035$34,900
    08/05/2023Ian White110,000$0.055$6,050

    Click here for the last 20 transactions all companies

    Directors & Executives (current)

    NAMETITLEDATE OF APPT
    Adam SierakowskiNon Exec Chairman12/12/2025
    Brett WallaceManaging Director12/12/2025
    Marcelo IdoyagaNon Exec Director04/11/2024
    Ian WhiteNon Exec Director04/10/2022
    Amanda Wilton-HealdCompany Secretary12/12/2025

    Date of first appointment, title may have changed.

    Directors & Executives (former)

    NAMETITLEDATE OF APPOINTMENTDATE OF RESIGNATION
    Ian MorganCFO, Company Secretary25/10/202112/12/2025
    Mark DugmoreIndependent Director04/10/202212/12/2025
    Gregory StarrIndependent Director10/02/202512/12/2025
    Ley KingdomCEO07/08/202302/05/2025
    Jason BertonNon Exec Chairman25/10/202111/02/2025
    Robert DuffinExecutive Chairman25/10/202115/10/2024
    Wayne RossiterManaging Director, CEO25/10/202130/11/2022
    Cathy MoisesChairman, Independent Director25/10/202104/10/2022

    Date of first appointment, title may have changed.