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NT MINERALS LIMITED (NTM)

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

Former (or subsequent) names

 FROMTO
NT MINERALS LIMITED20/06/2022
REDBANK COPPER LIMITED16/07/200920/06/2022
REDBANK MINES LIMITED16/12/200516/07/2009
BURDEKIN PACIFIC LIMITED07/04/200016/12/2005
BURDEKIN RESOURCES LIMITED11/01/200007/04/2000
BURDEKIN RESOURCES NL11/01/2000

Shareholder links

 

REGISTRY:

Automic Registry Pty Ltd
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: AU0000228215
Address: Level 1, 1A Agnew Way, Subiaco WA 6008
Tel:  +61 (08) 6558 1859Fax: +61 (08) 9380 8300

Date first listed: 22/12/1993

Sector: Materials Industry Group: XMJ
Activities: Exploration for copper in the Northern Territory

News & Events

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The suspension of trading in the securities of NT Minerals Limited is expected to be lifted from the commencement of trading on Thursday, 18 July 2024 following the release by NTM of an announcement.

18/07/2024

After submissions and ongoing discussions with the ASX, it was determined by the ASX that the Potential Transaction would be considered a change in the nature of the Company's activities. The Company would need to comply with the requirements of Chapters 1 and 2 of the Listing Rules before completing this Potential Transaction. The Company has decided to refrain from proceeding with this transaction due to the additional compliance requirements and increased administration costs, as this would have a material impact on the Company's other business endeavours. The Company will continue to pursue opportunities that are value accretive, focusing initially on brownfields projects that provide early returns.

18/07/2024

The voluntary suspension is necessary to assist the Company in managing its continuous disclosure obligations while the Company continues to progress negotiations regarding entry into a right to mine agreement. The Company requests that the voluntary suspension apply from this request and continue until the earlier of the commencement of trading on Friday 19 July 2024 or release by the Company of an announcement regarding the abovementioned.

12/07/2024

The Company requests that the voluntary suspension apply from this request and continue until the earlier of the commencement of trading on Friday 12 July 2024 or release by the Company of an announcement regarding the negotiations regarding entry into a right to mine agreement.

05/07/2024

The company releases a notification of cessation of securities.

01/07/2024

The Company requests that the voluntary suspension apply from this request and continue until the earlier of the commencement of trading on Friday 5 July 2024 or release by the Company of an announcement regarding entry into a right to mine agreement.

28/06/2024

The company requests a voluntary suspension on all its listed securities until an announcement regarding a right to mine agreement is made. The suspension is necessary for managing disclosure obligations and will continue until trading commences on 28 June 2024 or an announcement is made. The company is not aware of any reason not to grant the extension.

21/06/2024

The Company requests that the voluntary suspension apply from this request and continue until the earlier of the commencement of trading on Friday 21 June 2024 or release by the Company of an announcement regarding the entry into a right to mine agreement

14/06/2024

NTM awarded co-funding grant of $100,000 through the Northern Territory Government "“ Geophysics and Drilling Collaborations Program (Round 17). The grant will support NTM's intended completion of an Airborne Gravity Gradiometer Survey over the Sly Gap area, located approximately 20 kilometres south-southwest of the Redbank Copper Breccia Pipe System.

13/06/2024

The voluntary suspension is necessary to assist the Company in managing its continuous disclosure obligations while the Company continues to progress negotiations regarding entry into a right to mine agreement. The Company requests that the voluntary suspension apply from this request and continue until the earlier of the commencement of trading on Friday 14 June 2024 or release by the Company of an announcement regarding the above.

07/06/2024

The Company requests that the voluntary suspension apply from this request and continue until the earlier of the commencement of trading on Friday 7 June 2024 or release by the Company of an announcement regarding the negotiations into a right to mine agreement.

31/05/2024

E79 Gold Mines Ltd sign Option Agreement to acquire E32470 tenement (Mountain Home Project). During the 4 year term of the Option, E79 will maintain the tenement in good standing. An initial cash payment of A$100,000 will be paid on signing of the agreement with a Final Payment of A$100,000 on exercise of the Option. NTM retains a 2.00% NSR. NTM to retain focus on core area centred on ELR94 (Redbank Copper Project) and the highly prospective surrounding area.

28/05/2024

The securities of NT Minerals Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of NTM, pending the release of an announcement in relation to the entry into a right to mine agreement.

24/05/2024

The suspension of trading in the securities of NT Minerals Limited is expected to be lifted from the commencement of trading on Monday, 24 April 2023 following the release by NTM of an announcement regarding completion of its capital raising

21/04/2023

The company releases a notice of application for quotation of securities.

21/04/2023

The Company has completed its capital raising activities following the successful allocation of shortfall shares from the recent Entitlement Offer. A total of 62,656,607 new shares have been issued to raise $626,566 under the Underwriting Agreement. A total of $1,143,856 (before costs) has now been received by the Company for the Entitlement Offer.

21/04/2023

The finalisation of the capital raising is expected to occur on Friday, 21 April 2023. The settlement of 62,656,607 new shares to raise $626,566 under the Underwriting Agreement is planned to be completed by this date. Pending completion by Friday, 21 April 2023, ASX has noted the Company should be reinstated to trading on the ASX by Monday 24 April 2023.

17/04/2023

The company's fully underwritten pro-rata non-renounceable entitlement offer of 1 share for every 6 shares held by eligible shareholders at an issue price of $0.01 per new fully paid ordinary share closed on 5 April 2023. Eligible shareholders who applied for their full entitlement under the Entitlement Offer were also able to apply for new shares in excess of their entitlement, through a shortfall offer. The Directors have elected to allocate the shortfall pro rata to Shareholders who applied for Shares in excess of their entitlement, in exercise of their discretion in accordance with the allocation policy.

13/04/2023

The company releases a notice of application for quotation of securities.

13/04/2023

The company releases separate letters regarding the non-renounceable entitlement offer to its eligible and ineligible shareholders.

27/03/2023

The Non-Renounceable Entitlement Offer Prospectus together with the accompanying personalised Entitlement and Acceptance Form, has been dispatched by mail today, Monday, 27 March 2023. Shareholders are advised that the offer under the Prospectus is open for subscription from 8.00am (Perth time) Monday, 27 March 2023 and the proposed closing date is 5.00pm (Perth time) on Wednesday, 5 April 2023.

27/03/2023

The company releases a notice of application for quotation of securities.

17/03/2023

The company releases a notice of proposed issue of securities.

16/03/2023

The company releases a prospectus for a fully underwritten pro-rata non-renounceable issue of one (1) New Share for every six (6) Shares held by Eligible Shareholders registered at the Record Date at an issue price of $0.01 per New Share to raise approximately $1,142,188 before costs of the issue. Last date for acceptance and payment: 5.00pm (Perth time) on 5 April 2023.

16/03/2023

Launch of a fully underwritten 1 for 6 non-renounceable pro-rata Entitlement Offer to raise up to approximately A$1.1m.

16/03/2023

The company lodges its Half Year Accounts.

16/03/2023

The company releases a notice of proposed issue of securities.

09/03/2023

Northern Territory focused mining owners and operators Adroit Group to progress NT Minerals and the Redbank Project. Placement of A$0.5m to Adroit Group to initiate and support development of the Company. Reforme Resources provides a convertible note commitment of A$2.5m to assist funding further activities. Following on capital raising anticipated to be offered to existing shareholders to raise up to $1.1 million. Experienced mining executive and Adroit Chief Executive Officer, Mal James, appointed Chairman of NT Minerals. Potential legacy NSW rehabilitation liability clarification.

09/03/2023

The voluntary suspension extension is requested until either the Company can provide clarity to shareholders and stakeholders regarding a potential legacy liability of NT Minerals relating Burdekin Pacific Limited's remediation obligations relating to the McKinnon's gold mine located near Cobar NSW or the Company's financial position has been strengthened. Burdekin may have failed to complete remediation entered into with the Regulator in 2005. The Company has held constructive discussions with the NSW Resource Regulator. The Board continues to consider all available options in regards to the NSW regulator; the directors believe the circumstances are still unclear and consider the best course of action is to continue the company's suspension until we either have further clarity or the Company's position has been strengthened. The Company hopes to be in a position to inform the market more fully by 15 March 2023.

01/03/2023

The voluntary suspension extension is requested until either the Company can provide clarity to shareholders and stakeholders regarding a potential legacy liability of NT Minerals relating Burdekin Pacific Limited's (Burdekin) remediation obligations relating to the McKinnon's gold mine located near Cobar NSW or the Company's financial position has been strengthened. It appears Burdekin may have failed to complete remediation entered into with the Regulator in 2005. The Company has held constructive discussions with the NSW Resource Regulator. The Company hopes to be in a position to inform the market more fully by 28 February 2023.

31/01/2023

The company releases its 2022 soil sampling results. Geochemical results have been received for the 2022 regional soil sampling program at the Redbank Project. A total of 2,879 soil samples were collected in the 2022 season. Both regional 500m-spaced soils, and 250m-spaced infill over geochemical hotspots have been collected. Regionally-spaced sampling has returned a maximum value of 1209ppm copper-in-soil. Infill sampling has confirmed strong anomalism up to 1902ppm copper-in-soil. Anomalous samples have elevated bismuth, antimony, and manganese. Copper and multielement soil anomalism broadly delineates the prospective Calvert Fault corridor. Multielement anomalism at Calvert South highlights a significant target for copper mineralisation. Anomalous exposures of the McDermott Formation require priority investigation.

31/01/2023

The company lodges the following: Quarterly Cashflow Report - December 2022 and Quarterly Activities Report - December 2022.

31/01/2023

The company requests that the current voluntary suspension be continued on all its listed securities. This is requested until the company can provide clarity to shareholders and stakeholders regarding a potential legacy liability of NT Minerals relating Burdekin Pacific Limited's remediation obligations relating to the McKinnon gold mine located near Cobar NSW. It appears Burdekin may have failed to complete remediation entered into with the Regulator in 2005. The company hopes to be in a position to inform the market more fully by 1 February 2023.

17/01/2023

The voluntary suspension extension is requested until the Company can provide clarity to shareholders and stakeholders regarding a potential legacy liability of NT Minerals relating Burdekin Pacific Limited's (Burdekin) remediation obligations relating to the McKinnon gold mine located near Cobar NSW. It appears Burdekin may have failed to complete remediation entered into with the Regulator in 2005. The Company has held constructive discussions with the NSW Resource Regulator. The Company hopes to be in a position to inform the market more fully by 18 January 2023.

20/12/2022

The Company has held constructive discussions with the NSW Resource Regulator. Until they receive further feedback from the NSW regulator the directors believe the circumstances are still unclear and consider the best course of action is to continue the company's suspension. The Company hopes to be in a position to inform the market more fully by 21 December 2022.

09/12/2022

The voluntary suspension extension is requested until the Company can provide clarity to shareholders and stakeholders regarding a potential legacy liability of NT Minerals relating Burdekin Pacific Limited's (Burdekin) remediation obligations relating to the McKinnon gold mine located near Cobar NSW. It appears Burdekin may have failed to complete remediation entered into with the Regulator in 2005. The Company has held constructive discussions with the NSW Resource Regulator. Until the Company receives further feedback from the NSW regulator the directors believe the circumstances are still unclear and consider the best course of action is to continue the company's suspension. The Company hopes to be in a position to inform the market more fully by 12 December 2022.

29/11/2022

The voluntary suspension extension is requested until the Company can provide clarity to shareholders and stakeholders regarding a potential legacy liability of NT Minerals relating Burdekin Pacific Limited's (Burdekin) remediation obligations relating to the McKinnon gold mine located near Cobar NSW. It appears Burdekin may have failed to complete remediation entered into with the Regulator in 2005. The Company has held constructive negotiations with the NSW Resource Regulator. The Company hopes to be in a position to inform the market more fully by 30 November 2022.

18/11/2022

The company releases the results of its meeting.

16/11/2022

The company releases a notification of cessation of securities.

14/11/2022

The voluntary suspension extension is requested until the Company can provide clarity to shareholders and stakeholders regarding a potential legacy liability of NT Minerals relating to Burdekin Pacific Limited's (Burdekin) remediation obligations associated with the McKinnon gold mine located near Cobar NSW. It appears Burdekin may have failed to complete remediation agreed with the relevant New South Wales Regulator in or about 2005. The directors believe the circumstances are still unclear and consider the best course of action is to continue the company's suspension. The Company hopes to be in a position to inform the market more fully by 21 November 2022.

04/11/2022

The company lodges its Quarterly Cashflow Report and Quarterly Activities Report.

31/10/2022

The securities of NT Minerals Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of NTM, pending the release of an announcement regarding a potential legacy liability of NT Minerals relating to mining activities conducted in New South Wales (NSW).

25/10/2022

name changed from Redbank Copper Limited

20/06/2022

 

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ASX, Legal & CGT Status

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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
    19/05/2023Malcolm James5,000,000$0.008$40,000
    19/05/2023Roy Jansan3,500,000$0.008$28,000
    27/05/2022Anthony Kiernan140,438$0.031$4,284
    17/05/2022Anthony Kiernan359,562$0.028$10,068
    16/05/2022Anthony Kiernan1,000,000$0.031$31,130

    Click here for the last 20 transactions all companies

    Directors & Executives (current)

    NAMETITLEDATE OF APPT
    Malcolm JamesChairman09/03/2023
    Rodney IllingworthManaging Director07/12/2023
    Hugh ThomasNon Exec Director24/01/2022
    Roy JansanNon Exec Director09/03/2023
    Melanie RossCompany Secretary

    Date of first appointment, title may have changed.

    Directors & Executives (former)

    NAMETITLEDATE OF APPOINTMENTDATE OF RESIGNATION
    Anthony KiernanNon Exec Chairman21/04/202109/03/2023
    Bruce HooperNon Exec Director01/12/202016/11/2022
    Dale HendersonNon Exec Director02/09/202128/07/2022
    Michael HanningtonExecutive Director02/08/201924/01/2022
    Daryl HenthornNon Exec Director02/08/201924/11/2021
    Keith MiddletonNon Exec Director02/08/201902/08/2021
    Alan StillNon Exec Director01/05/201902/08/2019
    Carol NewNon Exec Director09/04/201902/08/2019
    Craig HallNon Exec Director21/01/201902/08/2019
    Michael FotiosNon Exec Chairman14/09/201201/05/2019
    Neil PorterNon Exec Director22/01/201809/04/2019
    Craig ReadheadNon Exec Director23/04/201321/01/2019
    Damian DelaneyNon Exec Director24/07/201218/01/2018
    Thomas StybloNon Exec Director11/04/201223/04/2013
    Gerhard KornfeldNon Exec Director14/09/201223/04/2013
    Martin DepischNon Exec Director29/11/201123/04/2013
    Peter FarrisNon Exec Director14/09/201204/02/2013
    Lucanus PolagnoliNon Exec Director14/12/201124/07/2012
    Allan BrownDirector04/12/200922/11/2011
    Keith VuletaDirector09/10/200918/11/2011

    Date of first appointment, title may have changed.