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GEOPACIFIC RESOURCES LTD (GPR)

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ASX, Legal & CGT Status

Former (or subsequent) names

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

 

REGISTRY:

Boardroom Pty Ltd
Level 8, 210 George Street, Sydney NSW 2000
Tel : +61 2 9290 9600 or 1300 737 760
Fax : +61 2 9279 0664 or 1300 653 459
RegistryWebsite RegistryEmail

Company details

ISIN: AU000000GPR2
Address: Level 1, 278 Stirling Highway, CLAREMONT, WA, AUSTRALIA, 6010
Tel:  08 6143 1823Fax: 08 9315 5475

Date first listed: 09/05/2006

Sector: Materials Industry Group: XMJ
Activities: Exploration tenements in Cambodia and Fiji, which are prospective for both epithermal and mesithermal gold deposits, as well as skarn and prophyry style copper and copper-gold deposits

News & Events

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The suspension of trading in the securities of Geopacific Resources Ltd will be lifted from the commencement of trading on Thursday, 15 September 2022 following lodgement of its half year report for the period ended 30 June 2022.

14/09/2022

The company lodges its Half Yearly Accounts.

14/09/2022

Due to an administrative error, the Company will require the remainder of the trading day to complete its Half Year accounts process. A board meeting is scheduled for this afternoon to review and approve the half year accounts. Subject to Board approval, the half year accounts are expected to be lodged by the end of today (14 September 2022), and the suspension to be lifted thereafter.

14/09/2022

The securities of the company will be suspended from Official Quotation in accordance with Listing Rule 17.5 from the commencement of trading today, 14 September 2022, following their failure to lodge the relevant periodic report by the due date.

14/09/2022

The suspension of trading in the securities of Geopacific Resources Ltd will be lifted immediately following the release by GPR of an announcement regarding an update in relation to its Woodlark Gold Project

31/05/2022

The company releases its Corporate Update - Investor Presentation.

31/05/2022

The company will recommence trading following the implementation of a range of corporate initiatives in response to the identification of material capital cost increases at the Woodlark Gold Project in Papua New Guinea and the subsequent decision to suspend development of the project.

31/05/2022

The Company has continued to receive positive results from its ongoing drilling campaign at the Project, highlighting the upside potential within the existing pit shells and the broader exploration potential across the Mining Lease. The trend of positive shallow high-grade results received from grade control drilling at the Kulumadau pit continues. Results from a further 13 drill holes have been received from resource extension drilling at Kulumadau, with encouraging results. A further 11 resource extension holes have been completed with samples currently in the laboratory awaiting assay. The ongoing drilling program is focussed on growing the Kulumadau and Busai deposits in addition to targeting the near pit potential identified at Kulumadau East and other prospective areas within the Mining Lease.

30/05/2022

The company lodges its Quarterly Activities Report and 5B Cashflow - March 2022.

29/04/2022

The company releases an Appendix 4G - Key to Corporate Governance Disclosures.

29/04/2022

The company releases its Corporate Governance Statement - 2021.

29/04/2022

The company's AGM will be held at 10:00am (WST) on Tuesday, 31 May 2022 at Level 1, 278 Stirling Highway Claremont Western Australia and via teleconference.

28/04/2022

The company releases a letter to its shareholders regarding its upcoming AGM.

28/04/2022

The company lodges its Annual Report - 2021.

28/04/2022

The company lodges its Annual Financial Statements - 31 December 2021.

01/04/2022

The company has reached agreement with Sprott Private Resource Lending II to terminate its debt facility and gold stream agreements. The facilities were undrawn at the time of termination. Termination eliminates ongoing costs of the facilities and releases: A$7.6 million from previously restricted cash reserves to Geopacific; and Sprott's first ranking security over the Woodlark Gold Project.

01/04/2022

Trend of positive shallow high-grade results received from grade control drilling at the Kulumadau pit continues (all within 60 metres of surface). A further 7 drill holes received from the resource extension drilling at Busai (all within 82 metres of surface) with encouraging results. A further 25 grade control holes and 5 resource extension holes from the Kulumadau deposit have been completed with samples currently in the laboratory awaiting assay. The ongoing drilling program is focussed on Mining Lease exploration, targeting significant near pit potential including high grade prospective areas within the Mining Lease with visible gold at surface.

17/03/2022

S&P Dow Jones Indices announced today the changes in the S&P/ASX Indices, effective prior to the open of trading on March 21, 2022, as a result of the March quarterly review. Effective prior to the open on March 21, 2022, GPR was removed.

04/03/2022

Shallow high-grade results continue from grade control drilling at Kulumadau. Highly encouraging results received from resource extension drilling at Busai and Kulumadau (all within 100 meters from surface). A further 50 grade control holes and nine resource extension holes have been completed with samples currently in the laboratory awaiting assay. The ongoing drilling program focus has now shifted to exploration, targeting significant near pit potential including areas previously inaccessible due to the proximity of the local community. Targets include numerous high grade prospective areas within the Mining Lease with visible gold at surface.

16/02/2022

The company lodges its Quarterly Activities Report and 5B Cashflow - December 2021.

03/02/2022

The Company is continuing its previously announced review of the Schedule and Cost Estimate for the Woodlark Gold Project and the implications of a material increase in capital costs as announced on 15 December 2021. It is important that as the review progresses and conclusions are reached, changes are implemented progressively to preserve the Company's financial and asset position. In view of ongoing delays in the project schedule and the consequent implications for capital cost escalation, a range of steps have been taken which include suspending all detailed engineering and civil works at the Project pending a review of the Company's strategic options. The suspension of these activities preserves cash reserves whilst the Company undertakes its review. Unfortunately, this step will require redundancies across the organisation.

03/02/2022

Results from the initial six holes from the recently commenced grade control RC drill campaign on Woodlark Island (ref ASX release 30 September 2021) have been received by the Company. This drilling campaign is being undertaken to refine ore zones in advance of mining and to provide certainty around early production. While a further 18 holes (1,200 samples) are currently in the laboratory in Lae, Papua New Guinea pending assay, the initial results compare favorably with the resource model which has an average grade of 1.04 g/t Au1. The drilling campaign remains active on site with a 20,000 metre grade control and near pit extension drilling campaign underway and a second drill rig scheduled to commence drilling in early Q1 2022. Post completion of the grade control drilling, the RC drill rig will move into exploration drilling with an anticipated 40,000 metres of exploration drilling budgeted in CY 2022. Progress continues with the essential development work packages including the construction of the permanent camp, community relocation, engineering and the process plant ground preparation. "¢ Further to the ASX Announcement of 11 November 2021, the work program to review the Project Development Schedule and Cost Estimate is continuing.

23/12/2021

The securities of Geopacific Resources Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of GPR, pending the release of an announcement regarding a review of the Woodlark Gold Project.

15/12/2021

we understand that on or about this date the company consolidated its shares 1 for 25

20/12/2019

The suspension of trading in the securities of Geopacific Resources Limited will be lifted from the commencement of trading today Monday, 21 October 2019, following the release by GPR of an announcement regarding a capital raising.

21/10/2019

The company releases an Investor Presentation - project development commences.

21/10/2019

The company has successfully completed a $40 million share placement. A share purchase plan to raise up to a further $5 million will be offered to eligible to shareholders. The capital raising will allow the company to commence development activities at the Woodlark Gold Project.

21/10/2019

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

18/10/2019

The suspension of trading in the securities of Geopacific Resources Ltd will be lifted from the commencement of trading today, Thursday, 21 June 2018, following the release by the Company of an announcement regarding exploration activities.

21/06/2018

Resource expansion drilling at Woodlark currently underway to advance current 1.57Moz resource towards an exploration target with a range of 53.3Mt @ 2g/t Au to 105 Mt@ 1g/t Au for 5Moz Au. Significant exploration potential identified along known mineralised corridors. Recent $10m placement provides ample funding for exploration program.

21/06/2018

The securities of Geopacific Resources Limited will be suspended from quotation immediately, in accordance with Listing Rule 17.3, pending release of an announcement in relation to the Woodlark Project.

20/06/2018

The suspension of trading in the securities of Geopacific Resources Limited will be lifted immediately following the release of an announcement.

11/07/2016

In a market release titled "˜Kou Sa: Status & Initial Resource Estimate', Geopacific Resources Limited made a number of statements referring to a "˜starter operation', cashflow, profitability, build cost, production and initial results of "˜economic studies' completed by the Company. The information regarding those statements is incomplete as the Company has not yet completed a Scoping Study for the Kou Sa Project. As such the Company retracts these statements at this time and will provide further detailed information on the economics of the Kou Sa Project when it has completed the Scoping Study.

11/07/2016

The Board of Geopacific Resources Limited is pleased to announce that it has entered into a project-level, earn-in agreement with Kula Gold Limited to acquire an interest in the Woodlark Island Gold Project in Papua New Guinea.

11/07/2016

The securities of Geopacific Resources Limited (the "Company") will be suspended from official quotation immediately, pending the release of an announcement.

11/07/2016

The suspension of trading in the securities of Geopacific Resources Limited will be lifted immediately following the release of an announcement by the Company regarding a successful $2.5 million placement. ASX Code: GPR

28/11/2014

The securities of Geopacific Resources Limited (the "Company") will be suspended from quotation immediately, at the request of the Company, pending the release of an announcement. Security Code: GPR

26/11/2014

Geopacific Resources Limited ("the Company") wishes to advise that it has successfully achieved its goal of raising $5.0 Million by completing a Placement to Institutional, Sophisticated and Professional Investors of 91,889,916 shares at $0.055 cents per share. The funds raised from this Placement will be invested by the Company into its exploration activities at its Kou Sa project in Cambodia and for general working capital.

03/07/2014

The suspension of trading in the securities of Geopacific Resources Limited (the "Company") will be lifted immediately following the release of an announcement concerning a capital raising. Security Code: GPR

03/07/2014

The securities of Geopacific Resources Limited (the "Company") will be suspended from quotation immediately, at the request of the Company, pending the release of an announcement. Security Code: GPR

30/06/2014

name changed from Geopacific Resources NL

11/12/2013

 

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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
    21/06/2023Hansjoerg Plaggemars200,000$0.019$3,800
    11/05/2023Hansjoerg Plaggemars110,000$0.020$2,200
    22/11/2021Ian Clyne200,000$0.204$40,723
    01/04/2021Ian Clyne163,930$0.306$50,142
    18/09/2020Ian Clyne58,330$0.600$34,981

    Click here for the last 20 transactions all companies

    Directors & Executives (current)

    NAMETITLEDATE OF APPT
    Graham AscoughNon Exec Chairman08/11/2023
    James FoxCEO16/11/2023
    Matthew SmithCFO, Company Secretary01/12/2016
    Rowan JohnstonNon Exec Director08/11/2023
    Mike BrookNon Exec Director08/07/2022
    Hamish BohannanNon Exec Director08/11/2023
    Hansjoerg PlaggemarsNon Exec Director08/07/2022

    Date of first appointment, title may have changed.

    Directors & Executives (former)

    NAMETITLEDATE OF APPOINTMENTDATE OF RESIGNATION
    Andrew BantockChairman13/01/202208/11/2023
    Richard ClaytonNon Exec Director08/07/202208/11/2023
    Tim RichardsCEO05/10/202001/01/2023
    Ian MurrayIndependent Director10/09/201908/07/2022
    Colin GilliganNon Exec Director26/06/201808/07/2022
    Charles LepaniNon Exec Director28/07/202002/05/2022
    Ian ClyneChairman06/10/201613/01/2022
    Ron HeeksManaging Director, CEO28/03/201304/06/2020
    Mark BojanjacNon Exec Director28/03/201329/05/2019
    Milan JerkovicNon Exec Chairman23/04/201308/05/2019
    Philippa LeggatExecutive Director16/01/201710/09/2018
    John LewisCFO31/03/201301/12/2016
    Russell FountainNon Exec Director23/09/200514/08/2015
    Charles BassManaging Director18/02/201001/08/2013
    Mark PittsCFO04/04/201231/05/2013
    Stephen BiggsNon Exec Chairman18/02/201028/03/2013
    Ian SimpsonNon Exec Director10/05/200628/03/2013
    Roger ProbertAlternate Director10/05/200628/03/2013
    Ian PringleManaging Director10/05/200617/09/2011
    Craig McCabeAlternate Director10/05/200620/02/2010
    Willie BrookNon Exec Director10/05/200610/02/2010

    Date of first appointment, title may have changed.