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METALS AUSTRALIA LTD (MLS)

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ASX, Legal & CGT Status

Former (or subsequent) names

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

 

REGISTRY:

Automic Group
Level 5, 191 ST GEORGES TERRACE PERTH WA 6000
Tel : +61 (2) 8072 1400 or 1300 288 664 (within Australia)
RegistryWebsite RegistryEmail

Company details

ISIN: AU000000MLS7
Address: 1st Floor, 8 Parliament Place, WEST PERTH, WA, AUSTRALIA, 6005
Tel:  08 9481 7833Fax: 08 9481 7835

Date first listed: 23/01/1986
Company Secretary: Michael Muhling
Sector: Materials Industry Group: XMJ
Activities: Gold mining and mineral exploration

News & Events

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The suspension of trading in the securities of Metals Australia Ltd will be lifted immediately, following the release by MLS of an announcement regarding a capital raising.

30/10/2019

The company will undertake a private placement to raise $400,000 via the issue of 250,000,000 fully paid ordinary shares at an issue price of $0.0016 per share. Subscribers under the placement will also be granted a free attaching option on a 1 for 1 basis with an exercise price of $0.0035 per option expiring on 1 June 2022. This will result in the issue of 250,000,000 options.

30/10/2019

The securities of Metals Australia Ltd will be suspended from quotation immediately under Listing Rule 17.3, pending clarification of an announcement. The securities will remain suspended until an announcement is made regarding a proposed capital raising.

30/10/2019

The suspension of trading in the securities of Metals Australia Ltd will be lifted immediately, following the release by MLS of an announcement regarding an acquisition.

25/09/2019

Metals Australia has entered into a legally binding acquisition agreement to acquire a portfolio of gold exploration projects, located in the Lac Guyer greenstone belt of northern-Quebec, an east-west trending greenstone belt which is host to numerous high-grade goldcopper and base metal discoveries. The acquisition has been structured with minimal dilution to existing shareholders and initial low-cost exploration will be funded using the company's existing cash reserves. The gold projects under acquisition include the Eade Gold Project, the Pontois Gold Project and the Felicie Gold Project, which collectively cover an area of approximately 26km2. The Eade Gold Project is split into two domains. The Pontois Gold Project contains a rock sample which returned an assay result of 7.3 g/t Au which has not been followed up with modern exploration techniques. The Felicie Gold Project contains a rock sample which returned an assay result of 5.54g/t Au + 1.86% Cu + 4.94% Zn with a second rock sample collected in another area which returned over 10g/t Au which has not been followed up with modern exploration techniques. The acquisition of these gold projects offers the company the opportunity to undertake low-cost exploration including data compilation, field mapping and sampling, target generation, channel sampling and drilling, if required. Exploration will primarily be focused on the Eade Gold Project and will be undertaken at the same time as the Company continues the development of its high-grade Lac Rainy Graphite Project. Metallurgical, mineralogical and product specification test work has commenced at the Lac Rainy Graphite Project. JORC (2012) resource estimation will commence shortly at the Lac Rainy Graphite Project. Discussions are ongoing with potential North American end user groups in relation to the graphite concentrate produced at the Lac Rainy Graphite Project "“ the metallurgical and resource estimate will underpin these discussions.

25/09/2019

The securities of Metals Australia Ltd will be suspended from quotation immediately under Listing Rule 17.2, at the request of MLS, pending the release of an announcement.

25/09/2019

The suspension of trading in the securities of Metals Australia Limited will be lifted immediately, following receipt of an announcement regarding a material acquisition and capital raising.

20/10/2016

MLS has entered into a binding Agreement to acquire 100% of the issued capital of Quebec Lithium Limited, a company that owns one graphite project and three lithium projects in Quebec, Canada

20/10/2016

The securities of Metals Australia Limited will be suspended from official quotation from the commencement of trade tomorrow, 19 October 2016, at the request of the Company, pending the release of an announcement.

18/10/2016

name changed from Australian United Gold Limited

25/09/2006

 

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perfect thing happened. please trade

12/07/2017 19:18:07

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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
    22/12/2023Rachelle Domansky500,000$0.035$17,500
    08/05/2017Hersh Majteles2,000,000$0.005$10,000
    20/12/2016Robert Collins4,000,000$0.004$16,000
    14/11/2016Hersh Majteles545,000$0.005$2,563
    11/11/2016Hersh Majteles505,000$0.005$2,635

    Click here for the last 20 transactions all companies

    Directors & Executives (current)

    NAMETITLEDATE OF APPT
    Michael ScivoloChairman23/07/2012
    Paul FergusonCEO22/01/2024
    Michael MuhlingCFO13/10/2021
    Alexander BiggsNon Exec Director18/08/2022
    Basil ContiDirector21/01/2022
    Rachelle DomanskyDirector08/06/2022

    Date of first appointment, title may have changed.

    Directors & Executives (former)

    NAMETITLEDATE OF APPOINTMENTDATE OF RESIGNATION
    Gino D'AnnaDirector22/12/201603/06/2022
    Robert CollinsDirector26/02/201421/01/2022
    Martin SteinCFO13/10/2021
    Hersh MajtelesChairman06/03/198714/12/2018
    David ZukermanDirector18/08/200326/02/2014
    Alexander ClemenDirector06/03/198723/07/2012

    Date of first appointment, title may have changed.