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METALICITY LIMITED (MCT)

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ASX, Legal & CGT Status

Former (or subsequent) names

 FROMTO
ARIKA RESOURCES LIMITED26/09/2024
METALICITY LIMITED31/07/201526/09/2024
PLD CORPORATION LIMITED03/02/201231/07/2015
PORTLAND ORTHOPAEDICS LIMITED03/02/2012

Shareholder links

Our website ranking of MCT: 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: AU000000MCT4
Address: Level 14, QVI Building, 250 St Georges Terrace, Perth WA 6000
Tel:  + 61 8 9324 1053Fax: + 61 8 9324 3366

Date first listed: 21/12/2005

Sector: Materials Industry Group: XMJ
Activities: Admiral Bay Zinc Project Development and Rocky Gully Nickel Project Exploration

News & Events

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name changed to Arika Resources Limited

26/09/2024

The suspension of trading in the securities of Metalicity Limited will be lifted from the commencement of trading on Monday, 19 October 2020, following the release an announcement by MCT.

19/10/2020

The application to the Supreme Court of Western Australia was heard, and the Court has granted the orders regarding the items previously cited. The effect of these orders is that under section 1322 of the Corporations Act: the various past offers for sale or sales of the securities listed have been validated; and as to the 8 and 11 September 2020 issues of securities, the time to lodge Cleansing Notices and deem those Cleansing Noticesto be effective from the datesthe securities were issued has been extended.

19/10/2020

35,000,000 Unlisted Options have been issued the Lead Manager Canaccord Genuity as part of the recent $5Million Placement mandate. The Unlisted Options are being issued without disclosure. 6,768,765 Unlisted Options exercisable at $0.015 on or before 4 Oct 2020 have recently lapsed. 2,552,244 Unlisted Options, exercisable at $0.015 on or before 18 Oct 2020, have been converted at a cost of $38,284.

14/10/2020

An application has been made to the Supreme Court of Western Australia and the application has been listed for hearing on 16 October 2020 at 10.30am (WST).

13/10/2020

The company releases 2 Appendix 2As and two section 708A cleansing notices in relation to securities issued. The company intends to make the appropriate application to the Court as soon as possible.

09/10/2020

The company releases a cleansing prospectus for an offer of up to 10,000 Shares at an issue price of $0.024 per Share to raise up to $240.

09/10/2020

The company has uncovered administrative errors since the company was reinstated to trading on 6 October 2015. The company will shortly apply to the Court for orders under section 1322 of the Corporations Act to: variously validate past offers for sale or sales of these securities; and as to the 8 and 11 September 2020 issues of securities, extend time to lodge cleansing notices and deem those cleansing notices to be effective from the dates the securities were issued. The company intends to shortly release a cleansing prospectus to remove any doubt for future offers of sale or sales of securities. The company's Board has begun implementing steps to ensure such issues do not arise again in the future.

09/10/2020

The company's AGM will be held at 2:00pm (AWST) on Thursday, 26 November 2020. The closing date for the receipt of nominations from persons wishing to be considered for election as a director is 14 October 2020.

07/10/2020

The company releases an Appendix 2A.

02/10/2020

The securities of Metalicity Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of MCT, pending the release of an announcement regarding MCT's application to the Supreme Court of Western Australia.

02/10/2020

The suspension of trading in the deferred settlement securities of Metalicity Limited will be lifted immediately. Please note that the reinstatement applies to deferred settlement securities only, and does not apply to any other quoted securities of MCT.

03/06/2020

A significant 8kms of strike extensions to known mineralisation at the high grade Kookynie Gold Project has been identified through mapping and re-processing of regional geophysics. The structures that host the high-grade Cosmopolitan Gold Mine, which produced 360,000 ounces at 15 g/t gold, are now thought to extend for circa 2 kms north and south of the mine. 4 kms of strike extensions have also been identified at the Altona historical working which produced 80,000 ounces at 30 g/t gold, along with 2 kms of further strike extensions to the Champion, Leipold and McTavish Deposits. This major development signifies a step change for Kookynie and highlights the camp scale potential of the Project, much of which remains untested by modern exploration. A high definition drone magnetic survey has commenced along the 8kms of newly identified strike potential to refine targets for drill testing along strike, with drilling to follow. The current drilling program underway is progressing well with first assays due in the next few weeks.

02/06/2020

The deferred settlement securities of Metalicity Limited will be suspended from quotation prior to the commencement of trading, Monday, 25 May 2020, in accordance with Listing Rule 17.3. Please note that the suspension applies to deferred settlement securities only, and does not apply to any other quoted securities of MCT.

22/05/2020

The suspension of trading in the securities of Metalicity Limited will be lifted immediately, following the release by MCT of an announcement regarding a capital raising.

27/08/2019

The company requests that the voluntary suspension remain in place until the company makes an announcement to the market in relation to the capital raising, which is expected to be made prior to the commencement of trading on 27 August 2019.

26/08/2019

The securities of Metalicity Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of MCT, pending the release of an announcement.

22/08/2019

The suspension of trading in the securities of Metalicity Limited will be lifted from the commencement of trading today, Friday, 31 May 2019, following the release by MCT of an announcement regarding a placement.

31/05/2019

Placement to investors raises $129,500 at $0.007 per share. Funds will go towards progressing a drilling programme at the Kookynie Gold Project in the prolific Eastern Goldfields region. Drilling to commence imminently upon drill contractor selection. Geological mapping completed at Kookynie and Yundamindra.

31/05/2019

The company requests that the voluntary suspension remain in place until the company makes an announcement to the market in relation to the capital raising. The company anticipates an announcement to be made in relation to the capital raising prior to the commencement of trading on Friday 31 May 2019.

30/05/2019

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

28/05/2019

The suspension of trading in the securities of Metalicity Ltd will be lifted immediately following the receipt of an announcement regarding a capital raising.

05/02/2018

The company has agreed to the terms of a brokered private plcaement with Australian and international institutional and sophisticated investors co-lead by Echelon Wealth Partners Inc. and Paradigm Capital Inc. The Private Placement to raise A$2.61M is via the issue of 58.25M shares at A4.5c per share, with a 1 for 2 free attaching option exercisable at A8c with a five-year term.

05/02/2018

The Company would like to re-iterate that the NPV statement and production target do not form part of the Company's Scoping Study or Pre-Feasibility Study Stage 1 on the Admiral Bay Zinc Project and were not published as apart of these studies to the ASX. The NPV statement and production target have been disclosed contrary to ASX listing rules and MCT is unable to demonstrate that it has a reasonable basis for disclosing the NPV statement and production target. On this basis the NPV statements and production target are withdrawn by the Company and investors should not base investment decisions based on the NPV statement or the production target.

05/02/2018

The Company requests that the voluntary suspension remain in place until the company makes an announcement to the market in relation to the capital raising. The Company anticipates an announcement to be made in relation to the capital raising prior to the commencement of trading on Monday 5 February 2018.

01/02/2018

The securities of Metalicity Limited will be suspended from official quotation immediately, at the request of the Company pursuant to listing rule 17.2, pending the release of an announcement regarding a capital raising.

01/02/2018

The securities of Metalicity Limited will be reinstated to official quotation immediately following the release of an announcement regarding a capital raising.

09/08/2017

The Company has received firm commitments for A$1.5M (before costs) in an equity placement, comprising a A$1M share placement to sophisticated and professional investors and has signed an equity funded drilling contract up to A$0.5M.

09/08/2017

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

07/08/2017

The suspension of trading in the securities of Metalicity Limited will be lifted immediately, following receipt of an announcement regarding an acquisition of lithium concessions.

20/12/2016

Metalicity Limited is pleased to announce it has reached an Agreement to acquire a highly prospective lithium exploration portfolio ("Portfolio") in the Pilbara region of Western Australia from Fortescue Metals Group Ltd, including the highly prospective Lynas Find North Lithium Project.

20/12/2016

The securities of Metalicity Limited will be suspended from official quotation immediately, at the request of the Company pending the release of an announcement regarding the acquisition of lithium concessions.

20/12/2016

The securities of Metalicity Limited (formerly PLD Corporation Limited)(the "Company") will be reinstated to official quotation as from the commencement of trading on Tuesday, 6 October 2015, following the Company's compliance with listing rule 11.1.3 and chapters 1 and 2 of the ASX Listing Rules. Security Code: MCT

05/10/2015

 

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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
    13/05/2019Justin Barton500,000$0.008$4,000
    10/05/2019Andrew Daley1,097,055$0.009$9,500
    19/10/2018Matthew Gauci-125,000$0.020$2,500
    03/05/2017Matthew Gauci212,000$0.046$9,813
    03/05/2017Mathew Longworth217,500$0.046$10,005

    Click here for the last 20 transactions all companies

    Directors & Executives (current)

    NAMETITLEDATE OF APPT
    Justin BartonChairman, CEO22/11/2016
    Daniel RohrCFO23/11/2011
    Steven WoodIndependent Director02/12/2022
    Roger SteinepreisNon Exec Director07/02/2023
    Kate BreadmoreCompany Secretary

    Date of first appointment, title may have changed.

    Directors & Executives (former)

    NAMETITLEDATE OF APPOINTMENTDATE OF RESIGNATION
    Jason LivingstoneTechnical Director01/07/201907/02/2023
    Andrew DaleyNon Exec Chairman19/08/201302/12/2022
    Mathew LongworthChairman29/09/201418/05/2021
    Matthew GauciManaging Director26/09/201210/01/2019
    Christopher BainNon Exec Director19/08/201304/12/2017
    Hugh WarnerDirector23/11/201126/09/2012
    John LeeNon Exec Chairman22/12/200523/11/2011
    Richard GregsonDeputy Chairman, Non Exec Director15/07/200823/11/2011
    John BrassilManaging Director, CEO17/12/200723/11/2011
    Ralph StonellCFO29/07/200823/11/2011

    Date of first appointment, title may have changed.