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METALLUM LIMITED(MNE)

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

Former (or subsequent) names

 FROMTO
KOPORE METALS LIMITED28/11/2017
METALLUM LIMITED25/06/201428/11/2017
MINING GROUP LIMITED25/06/2014

Shareholder links

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

 

REGISTRY:

Automic Group Level 5, 126 Phillip Street Sydney NSW 2000

Tel : +61 (2) 8072 1400 or 1300 288 664 (within Australia)
Fax :
RegistryWebsite RegistryEmail

Company details

Address: Suite 5, 62 Ord Street West Perth WA 6005
Tel:  (08) 9322 4328 Fax: (08) 9322 5230

Date first listed: 01/07/2011
Company Secretary: Shannon Coates
Sector: Materials Industry Group: XMJ
Activities: Exploration for gold and base metals

News & Events

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name changed to Kopore Metals Limited

28/11/2017

The suspension of trading in the securities of Metallum Limited will be lifted immediately, following receipt of an announcement relating to its proposed activities.

05/09/2016

Metallum Limited advises that the heads of agreement in respect of the Company's proposed acquisition of Squirel Ltd has been terminated due to non-satisfaction of certain conditions precedent to the transaction. Accordingly, the transaction will not proceed. The Board believes that, given the current market, it is in the best interests of the Company and its shareholders to refocus on the Company's Teutonic Project in the Eastern Goldfields region of Western Australia and the Comval Copper Gold Project. Metallum holds approximately $1.2 million in working capital which will enable it to continue its proposed activities on the Teutonic and Comval Projects.

05/09/2016

Metallum previously announced that it had executed an Underwriting Agreement with Merchant pursuant to which Merchant agreed to fully underwrite the exercise of Metallum's 132,235,818 unlisted options, exercisable at $0.024 each on or before 31 July 2016, subject to standard terms and conditions, a condition precedent to the proposed acquisition of Squirrel. Metallum advises that Merchant has terminated the Underwriting Agreement due to a subunderwriting condition not being met and Metallum confirms that the 132,185,818 outstanding Options have expired unexercised. Metallum and Squirrel are investigating outcomes relating to the transaction and will update the market in due course.

12/08/2016

Squirrel is please to advise that Research and Development Tax Incentive claims of $477,478.91 for the 2016 Financial Year have been approved.

29/07/2016

The company lodges its Quarterly Cashflow Report.

27/07/2016

The company lodges its quarterly activities report.

21/07/2016

Metallum Limited is pleased to provide an update on its proposed acquisition of 100% of the issued capital of Squirel Limited. The Company confirms that due diligence has been satisfactorily completed by both Metallum and Squirrel, each a condition precedent to the proposed acquisition. Completion of acquisition remains subject to various remaining conditions precedent.

19/07/2016

Further to the announcement on 17 June 2016, Metallum Limited advises that it has mutually agreed with Squirel Limited to extend the end date for completion of due diligence by both parties to 18 July 2016.

08/07/2016

The company releases a letter to its optionholders to remind them that the Options will expire at 5.00pm WST on 31 July 2016. Options may be exercised in whole or in part by payment of 2.4 cents for each Option by no later than 31 July 2016. If payment is not received by 5.00pm WST on 31 July 2016 the Options will lapse and all rights under the Options will cease at that time.

06/07/2016

Metallum Limited advises it has executed an Underwriting Agreement with Merchant Corporate Finance Pty Ltd pursuant to which Merchant will fully underwrite the exercise of Metallum's 132,235,818 unlisted options, exercisable at $0.024 each on or before 31 July 2016.

06/07/2016

The securities of Metallum Limited (the "Company") will remain suspended from official quotation, following receipt of an announcement regarding a proposed change in the nature of the Company's activities. The Company's securities will remain suspended from quotation pending compliance with Chapters 1 and 2 of the Listing Rules pursuant to Listing Rule 11.1.3.

17/06/2016

The Board of Metallum Limited is pleased to announce that it has executed share sale agreements with the shareholders of Squirel Limited pursuant to which it has agreed to acquire 100% of the issued capital of Squirrel. Squirrel develops and sells vertically integrated SMSF software and services direct to the mass consumer market.

17/06/2016

The securities of Metallum Limited (the "Company") will be suspended from quotation immediately, at the request of the Company, pending the release of an announcement.

19/05/2016

we understand that on or about this date the company consolidated its shares 1 for 400

10/03/2016

we understand that on or about this date the company consolidated its shares 1 for 400

10/03/2016

The suspension of trading in the securities of Metallum Limited (the "Company") will be lifted from the commencement of trading today, Thursday, 15 October 2015 following the release of an announcement by the Company regarding an operational update. Security Code: MNE

15/10/2015

The board has determined that restarting operations in Chile will not be economically beneficial to the company in either the short or medium term. The board also determined that seeking to raise the capital required to improve the project economics is unlikely to be successful in this climate.The board has therefore resolved to seek to dispose its remaining Chilean assets and to instead focus on advancing the Teutonic project in Western Australia, reviewing the best options for its Comval assets in the Philippines and seeking other opportunities to create value for shareholders.

15/10/2015

Metallum Limited herewith requests that its securities be suspended from trading prior to the commencement of trading today, 14 October 2015, pursuant to Listing Rule 17.2. The suspension is requested by the Company pending the release of a material operational update.

14/10/2015

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

12/10/2015

The suspension of trading in the securities of Metallum Limited will be lifted immediately following the release of an announcement regarding El Roble operational update. Security Code: MNE

15/09/2015

Metallum Limited (ASX: MNE) advises that it has halted mining operations and stood down all production staff at its El Roble Copper Project in Chile. This has been made necessary by recent falls in the copper price and the dramatic price decrease of the ENAMI tariff for delivered ore, along with the anticipated removal by the Chilean government of the copper price support mechanism.

15/09/2015

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

14/09/2015

name changed from Mining Group Limited

25/06/2014
OFX Transferring Money Internationally to Free

 

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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
    02/10/2017Winton Willesee220,000$0.027$5,940
    23/11/2016Winton Willesee222,772$0.016$3,564
    24/06/2015Winton Willesee1,000,000$0.006$6,000
    17/06/2015Winton Willesee1,460,000$0.006$8,760
    12/09/2014Colin Johnstone1,586,863$0.017$26,977

    Click here for the last 20 transactions all companies

    Directors & Executives (current)

    NAMETITLEDATE OF APPT
    Tim GoldsmithNon Exec Chairman, Independent Director08/11/2017
    Grant FergusonManaging Director08/11/2017
    Shannon CoatesNon Exec Director15/10/2015

    Date of first appointment, title may have changed.

    Directors & Executives (former)

    NAMETITLEDATE OF APPOINTMENTDATE OF RESIGNATION
    Winton WilleseeNon Exec Chairman14/03/201108/11/2017
    Erlyn DaleNon Exec Director15/10/201508/11/2017
    Zeffron ReevesManaging Director, CEO17/07/201215/10/2015
    Colin JohnstoneNon Exec Director24/05/201215/10/2015
    Robert ButchartNon Exec Director01/03/201224/04/2015
    Andrew MauriceManaging Director14/03/201117/07/2012
    Shannon CoatesNon Exec Director09/02/201124/05/2012

    Date of first appointment, title may have changed.