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KORAB RESOURCES LIMITED (KOR)

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ASX, Legal & CGT Status

Former (or subsequent) names

 

Shareholder links

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

 

REGISTRY:

Link Market Services Limited Sydney
Level 12, 680 George Street Sydney NSW 2000
Tel : 61 1300 554 474
Fax : 02 9287 0303
RegistryWebsite RegistryEmail

Company details

ISIN: AU000000KOR7
Address: 20 Prowse Street West Perth, WA, 6005, AUSTRALIA
Tel:  + 61 8 9474 6166Fax: + 61 8 9322 6333

Date first listed: 31/08/2005

Sector: Materials Industry Group: XMJ
Activities: Exploration and mining company

News & Events

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The suspension of trading in the securities of Korab Resources Limited will be lifted immediately following the release by KOR of an announcement regarding the results of the scoping study assessing the economics of production of magnesium metal at Winchester Magnesium Project.

09/03/2022

The company releases the Winchester magnesium scoping study.

09/03/2022

Korab is finalising the ASX announcement regarding the results of the scoping study assessing the economics of production of magnesium metal at Winchester Magnesium Project. This announcement is expected to be made as soon as possible but no later than commencement of trading on Thursday, 10 March 2022. The company therefore requests an extension of the suspension of its securities.

09/03/2022

The securities of Korab Resources Limited will be suspended from quotation from the commencement of trading on Friday, 4 March 2022 under Listing under Listing Rule 17.2, at the request of KOR, pending the release of an announcement regarding the results of the scoping study assessing the economics of production of magnesium metal at Winchester Magnesium Project.

04/03/2022

The suspension of trading in the securities of Korab Resources Limited will be lifted immediately, following receipt of a response to an ASX price and volume query.

07/01/2021

The company issues a response to ASX Price & Volume Query.

07/01/2021

The securities of Korab Resources Limited will be suspended from quotation immediately under Listing Rule 17.3, pending the release of a response to an ASX price and volume query. The securities will remain suspended until further notice.

07/01/2021

The suspension of trading in the securities of Korab Resources Limited will be lifted immediately, following receipt of an announcement regarding the results of the feasibility study for the Winchester Magnesium Carbonate Project.

07/03/2018

The company releases the results of the update of the pre-feasibility study to develop the Winchester magnesite as a direct shipping ore operation.

07/03/2018

On 6 March 2018, the company has terminated heads of agreement for the supply of 300,000 tonnes per year of magnesium carbonate rock for 5 years. The HoA was terminated without penalties by Korab giving notice in writing to the counterparty as envisaged by the terms of the HoA.

06/03/2018

The securities of Korab Resources Limited will be suspended from official quotation immediately at the request of the Company, pending the release of an announcement regarding the results of the feasibility study into Winchester Magnesium Carbonate Project.

06/03/2018

The suspension of trading in the securities of Korab Resources Limited will be lifted at the commencement of trading on Wednesday, 8 November 2017.

08/11/2017

The company has resolved to raise funds by way of a placement of up to 7.2 million shares at 2.8 cents each to unrelated exempt investors. The placement is to be completed within existing 15% share placement capacity and no shareholder approval is required.

08/11/2017

The company advises that the financing transaction relating to the request for a trading halt has not been completed as the parties could not agree on the final terms.

08/11/2017

The company releases a notice to optionholders that the options will expire at 5:00pm WST on 28 November 2017. The option holding may be exercised in whole or in part by payment of $0.10 for each option by no later than 28 November 2017. If payment is not received by 5:00pm WST on the said date, the options will lapse and all rights under the options will cease at that time.

08/11/2017

The securities of Korab Resources Limited will be suspended from official quotation from the commencement of trading today, 3 November 2017 pending the release of an announcement regarding a financing transaction.

03/11/2017

The suspension of trading in the securities of Korab Resources Limited will be lifted immediately following receipt of an announcement regarding a financing transaction.

08/03/2017

The company has resolved to undertake a financing transaction to enable fast-tracking of the cobalt and zinc drilling program at the Batchelor project. The funding is by way of a $471,000, unsecured, zero-interest loan, which, subject to shareholder approval, will be converting to Korab's ordinary shares at a price of 1.9 cents per share.

08/03/2017

The securities of Korab Resources Limited will be suspended from official quotation immediately pursuant to listing rule 17.3.

08/03/2017

The suspension of trading in the securities of Korab Resources Limited (the "Company") will be lifted immediately, following the release of the Company's announcement regarding the Winchester transaction. Security Code: KOR KORO

03/06/2013

Korab Resources Limited ("KOR" or "Company") requests a voluntary suspension of trading in Company's securities from commencement of trading on Friday, 31 May 2013 pending an announcement regarding the Winchester sale transaction. This announcement is expected to be made no later than commencement of trading on Wednesday, 5 June 2013

31/05/2013

The suspension of trading in the securities of Korab Resources Limited (the "Company") will be lifted immediately, following the release of the Company" announcement regarding the extension of term for Winchester transaction. Security Code: KOR

03/04/2013

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

02/04/2013

The suspension of trading in the securities of Korab Resources Limited (the "Company") will be lifted immediately, following the release of the Company" announcement concerning a capital raising. Security Code: KOR KORO

22/02/2013

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

19/02/2013

we understand that on or about this date the company made an in specie distribution of 1.266 share in Lugansk Gold Ltd for every 1 share in the company

07/03/2011

we understand that on or about this date the company made an in specie distribution of 1.266 share in Melrose Gold Mines Ltd for every 1 share in the company

07/03/2011

securities reinstated to quotation

01/03/2010

securities suspended pending an announcement

25/02/2010

 

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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
    29/11/2016Andrej Karpinski-2,079,693$0.022$45,753
    30/06/2014Andrej Karpinski23,693$0.047$1,115
    30/06/2014Andrej Karpinski25,834$0.003$78
    13/06/2014Andrej Karpinski466,001$0.001$466
    03/06/2014Andrej Karpinski6,000$0.243$1,458

    Click here for the last 20 transactions all companies

    Directors & Executives (current)

    NAMETITLEDATE OF APPT
    Andrej KarpinskiExecutive Chairman, Company Secretary14/04/1998
    Anthony WillsNon Exec Director23/04/2015
    Alicja KarpinskiNon Exec Director06/12/2022

    Date of first appointment, title may have changed.

    Directors & Executives (former)

    NAMETITLEDATE OF APPOINTMENTDATE OF RESIGNATION
    Rodney SkeetNon Exec Director04/11/200205/12/2022
    Daniel SmetanaNon Exec Director28/10/201301/01/2020
    Malcolm McKenzieNon Exec Director16/02/200919/11/2013

    Date of first appointment, title may have changed.