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GOLDEN RIM RESOURCES LTD (GMR)

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

Former (or subsequent) names

 FROMTO
ASARA RESOURCES LIMITED22/12/2023
GOLDEN RIM RESOURCES LTD22/12/200622/12/2023
ALCASTON MINING NL22/12/2006

Shareholder links

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

 

REGISTRY:

Link Market Services Perth
Level 12 QV1 Building 250 St Georges Terrace Perth WA 6000
Tel : +61 8 9211 6670 or 1300 554 474
Fax : +61 2 9287 0303
RegistryWebsite RegistryEmail

Company details

ISIN: AU000000GMR9
Address: Suite 1, 130 Hay Street Subiaco, WA 6008
Tel:  + 61 8 6374 2654Fax: (08) 9481 5759

Date first listed: 13/08/1987

Sector: Materials Industry Group: XMJ
Activities: Exploration for gold, oth Hayley Butcherer minerals & investment

News & Events

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name changed to Asara Resources Limited

22/12/2023

The suspension of trading in the securities of Golden Rim Resources Limited will be lifted from the commencement of trading on Monday, 5 August 2019, following the release by GMR of an announcement.

02/08/2019

The company was successful in obtaining the orders sought at the hearing before the Federal Court of Australia. It was declared that the offer for sale or sale of: 38,461,540 ordinary fully paid shares of the Company issued on 21 September 2018; and 55,498,960 fully paid shares of the Company issued on 17 May 2019, made in the period after each respective issue is not invalid by reason of any contravention of section 707(3) or section 721(1) of the Corporations Act 2001 (Cth).

02/08/2019

The company lodges its Quarterly Activities and Cashflow Report to 30 June 2019.

31/07/2019

On 30 July 2019, the company filed an application with the Federal Court of Australia seeking declaratory relief and ancillary orders relating to prior trading in certain shares issued on 21 September 2018 and 17 May 2019. The application was lodged so that any trading proir to lodgment of the prospectus wil be validated and will not attract any civil liability for persons on-selling the relevant shares. The application will be heard before the Court on 2 August 2019, at 11.00am (WST).

31/07/2019

Share Placement completed to raise $500,000. LSE listed Capital Drilling increases its cornerstone position in Golden Rim. Funds to be used for the major drilling program currently underway at Kouri.

23/07/2019

An agreement was signed to purchase 100% of the Kotouri Permit, which lays directly adjacent to and north of Kouri. The recent acquisition of the Goueli and Margou permits expanded the Kouri project area to 245km2. With the addition of Kotouri, the project area will increase to 325km2. Golden Rim will control all of the highly prospective Granite Target area, located 10km NE of the 1.4Moz gold Mineral Resource. Recent drilling at the Diabatou Prospect, within the Granite Target area, intersected strong quartz-sulphide mineralisation. Assays for this drilling are pending.

18/07/2019

Upon an internal review of all shares issued by the company, the company has identified a second omission and will also seek declaratory relief and ancillary orders relating to prior trading in certain shares issued on 21 September 2018. The company did not lodge a cleansing notice or cleansing prospectus with respect to the 2018 Tranche 2 shares, 2019 Tranche 2 shares and the broker shares due to an inadvertent oversight. The company has lodged a cleansing prospectus today to ensure that any further offers for sale, or sales, of the Tranche 2 sales, 2019 Tranche 2 shares and the broker shares do not breach the Corporations Act. The company will shortly apply to the Federal Court of Australia seeking declaratory relief and ancillary orders for the retrospective curing of the sale by the subscribers of the 2018 Tranche 2 shares, 2019 Tranche 2 shares and the broker shares and parties who took transfers of any of those shares.

17/07/2019

The company issues a cleansing prospectus for the offer of 100 shares at an issue price of $0.012 per share.

17/07/2019

The company provides a drilling update on Kouri. Approximately 1/3 (total of 49 holes) of major drilling program at Kouri completed. New assays from Red Hill include further significant gold intersections. The best of these include: - 7m at 1.4g/t gold (NKRC055); 7m at 0.9g/t gold (NKRC060); and 6m at 1.7g/t gold (NKRC073).  The first assays from within the 1.4Moz gold Mineral Resource have also been received, confirming the continuity of the mineralisation from infill drilling. A considerable number of assays remain pending. Assays are expected for a further 18 holes in the next few weeks including assay results from drilling that has intersected strong quartz-sulphide mineralisation at Maré and Diabatou (Granite Target).

15/07/2019

The securities of Golden Rim Resources Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of GMR, pending the release of an announcement.

01/07/2019

The suspension of trading in the securities of Golden Rim Resources Limited will be lifted immediately, following the release by GMR of an announcement regarding a capital raising.

04/03/2019

Commitments were received for a placement to raise approximately $2.25 million. LSE listed Capital Drilling to become a cornerstone investor with a ~12% shareholding in Golden Rim. Strengthened balance sheet will allow Golden Rim to rapidly advance the Kouri Gold Project in Burkina Faso. Drilling at Kouri to be conducted on four key target areas.

04/03/2019

The Company continues to finalise arrangements for a capital raising.The Company anticipates that the voluntary suspension will end upon the earlier of the announcement regarding the capital raising and the commencement of trading on 11 March 2019.

04/03/2019

The securities of Golden Rim Resources Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of GMR, pending the release of an announcement.

04/03/2019

we understand that on or about this date the company consolidated its shares 1 for 15

11/12/2017

The suspension of trading in the securities of Golden Rim Resources Ltd (the "Company") will be lifted immediately, following receipt of an announcement by the Company regarding a capital raising.

27/06/2017

The company has received acceptances under a placement of up to 138,400,000 fully paid ordinary shares in the Company (Shares) at an issue price of 0.25 cents per Share, together with a free attaching unlisted option on the basis of one option for every two Shares subscribed for, with each option exercisable at 0.5 cents and expiring on the date that is three years after the date of issue (Options) to raise up to $346,000 (before costs) (Placement). The applications represent the majority of the Company's 15% placement capacity under Listing Rule 7.1.

27/06/2017

The company requests that its securities remain in suspension to finalise arrangements for a capital raising. The Company anticipates that the voluntary suspension will end upon the earlier of the announcement regarding the capital raising and the commencement of trading on 27 June 2017.

26/06/2017

The company continues to finalise agreements for a capital raising and anticipates that the voluntary suspension will end upon the earlier of the announcement regarding the capital raising and the commencement of trading on 26 June 2017.

21/06/2017

The securities of Golden Rim Resources Limited will be suspended from official quotation immediately at the request of the Company, pending the release of an announcement in relation to a capital raising.

20/06/2017

The suspension of trading in the securities of Golden Rim Resources Limited (the " Company") will be lifted immediately following receipt of an announcement from the Company regarding a capital raising. Security Code: GMR

05/08/2013

The securities of Golden Rim Resources Limited (the "Company") will be suspended from quotation prior to the commencement of trade on Friday 2 August 2013 at the request of the Company, pending the release of an announcement. Security Code: GMR

01/08/2013

securities reinstated to quotation

15/02/2013

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

15/02/2013

securities reinstated to quotation

06/05/2009

securities suspended pending an announcement

04/05/2009

name changed from Alcaston Mining NL

22/12/2006

 

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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
    25/08/2022Adonis Pouroulis1,400,000$0.051$70,970
    16/08/2022Craig Mackay650,000$0.048$31,202
    31/08/2018Kathryn Davies300,000$0.023$7,020
    29/08/2017Rick Crabb1,000,000$0.003$3,000
    23/08/2017Craig Mackay2,000,000$0.003$6,000

    Click here for the last 20 transactions all companies

    Directors & Executives (current)

    NAMETITLEDATE OF APPT
    Brett MontgomeryChairman01/02/2023
    Tim StrongManaging Director, CEO01/11/2022
    Doug JonesNon Exec Director01/12/2022
    Joanna KiernanCompany Secretary

    Date of first appointment, title may have changed.

    Directors & Executives (former)

    NAMETITLEDATE OF APPOINTMENTDATE OF RESIGNATION
    Kathryn DaviesExecutive Director01/01/201708/04/2023
    Craig MackayDirector08/10/200428/02/2023
    Adonis PouroulisNon Exec Chairman16/01/202002/02/2023
    Glenister LamontNon Exec Chairman, Independent Director17/07/200701/04/2020
    Rick CrabbIndependent Director22/08/200129/11/2017
    Martin PyleNon Exec Director18/07/201410/04/2015
    Gilbert RodgersExecutive Director22/08/200101/07/2014
    Nadir HammadiNon Exec Director07/12/200916/08/2013
    Michael BlakistonChairman22/07/200502/07/2006
    David PorterManaging Director22/08/200107/12/2005

    Date of first appointment, title may have changed.