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ORANGE MINERALS NL (OMX)

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ASX, Legal & CGT Status

Former (or subsequent) names

 

Shareholder links

Our website ranking of OMX: rating 2
(2 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: AU0000184293
Address: Level 2 7 Havelock Street WEST PERTH, WA 6005
Tel:  +61 (08) 6102 2039

Date first listed: 08/12/2021
Company Secretary: Johnathon Busing
Activities: Mining Exploration

News & Events

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The suspension of trading in the securities of Orange Minerals NL will be lifted immediately following the release by OMX of an announcement regarding the finalisation of an acquisition.

08/08/2023

Binding term sheet to acquire up to a 75% share in the Lennon's Find Polymetallic Project in the Pilbara, WA. Lennon's Find includes a Mining Lease with an Inferred Mineral Resource of 1.55 Mt at 5.9% zinc, 0.2% Cu, 1.6% Pb, 0.28 g/t Au, and 84g/t Ag (Optiro 2019). Orange can earn 51% of the Lennon's Find Project (M45/368) by spending A$500,000 by 31 March 2026 (includes an upfront payment of A$200,000). The Term Sheet stipulates that Orange must spend a minimum of $200,000 on exploration at Lennon's Find (including 500 metres of drilling) by 31 January 2025. Orange may earn up to 75% of the Lennon's Find Project by spending an additional A$500,000 (A$1.0 million in total) by 31 March 2028. After 75% has been earned by Orange both Musketeer and Orange would contribute expenditure to the JV, with standard dilution clauses applying. Significant untested exploration targets exist below and adjacent to the Resource. An historical IP survey has defined a strong untested chargeability anomaly at depth beneath the drill defined Hammerhead zone of mineralisation. Exploration targets at Lennon's Find are advanced and drill ready and thus exploration will focus on testing the strong geophysical anomalies and increasing the Resource Base.

08/08/2023

The securities of Orange Minerals NL will be suspended from quotation immediately under Listing Rule 17.2, at the request of OMX, pending the release of an announcement regarding the finalisation of an acquisition.

07/08/2023

listed entity carried for record purposes only

03/12/2021

 

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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
    03/04/2023200,000$0.052$10,400
    20/12/2022John Smyth258,246$0.072$18,642
    15/09/2022John Smyth200,000$0.077$15,420
    19/07/2022John Smyth10,200$0.091$928
    07/07/2022John Smyth390,807$0.124$48,252

    Click here for the last 20 transactions all companies

    Directors & Executives (current)

    NAMETITLEDATE OF APPT
    John SmythNon Exec Chairman03/12/2021
    David GreenwoodManaging Director, CEO03/12/2021
    Chris MichaelNon Exec Director14/11/2023

    Date of first appointment, title may have changed.

    Directors & Executives (former)

    NAMETITLEDATE OF APPOINTMENTDATE OF RESIGNATION
    Conrad KarageorgeNon Exec Director03/12/202116/11/2023

    Date of first appointment, title may have changed.