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POWER MINERALS LIMITED (PNN)

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ASX, Legal & CGT Status

Former (or subsequent) names

 FROMTO
POWER MINERALS LIMITED17/06/2022
PEPINNINI MINERALS LIMITED11/09/202017/06/2022
PEPINNINI LITHIUM LIMITED16/11/201711/09/2020
PEPINNINI MINERALS LIMITED16/11/2017

Shareholder links

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

 

REGISTRY:

Link Market Services Limited Sydney
Level 12, 680 George Street Sydney NSW 2000
Tel : 61 1300 554 474
Fax : 02 9287 0303
RegistryWebsite RegistryEmail

Company details

ISIN: AU000000PNN7
Address: Unit 6, 68 North Terrace KENT TOWN SA 5067
Tel:  618 8218 5000Fax: 618 8212 5717

Date first listed: 15/04/2005

Sector: Materials Industry Group: XMJ
Activities: mineral exploration

News & Events

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The suspension of trading in the securities of Power Minerals Limited will be lifted immediately following the release by PNN of an announcement regarding a capital raising and a strategic acquisition.

26/03/2024

The company releases a notice of proposed issue of securities.

26/03/2024

Capital Raise to raise ~$1,025,211.20 from sophisticated, professional and institutional investors, by way of: Placement to raise $668,051.20 via the issue of up to 4,771,793 ordinary fully paid shares at an issue price of $0.14 per Share; Placement excludes participation by Directors, who intend to subscribe for 357,143 Shares, raising an additional $50.000.02 (subject to shareholder approval); and Loyalty Option Entitlement Offer to raise $307,160.00 on a 1:3 basis with options issued at $0.01 and exercisable at $0.30, expiring 5 years from date of issue. Funds to be used for: Exploration and development of core Rincon and Incahuasi salares at Salta Lithium Project; Project access and exploration at the Musgrave Project; and Working capital.

26/03/2024

The securities of Power Minerals Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of PNN, pending the release of an announcement regarding a capital raising and a strategic acquisition.

25/03/2024

The suspension of trading in the securities of Power Minerals Limited is expected to be lifted from the commencement of trading on Monday, 11 March 2024 following the release by PNN of an announcement attaching the orders from the Supreme Court of Western Australia.

08/03/2024

The Supreme Court of Western Australia heard the Company's application seeking orders in relation to the Company's inadvertent error in not lodging a cleansing notice pursuant to section 708A(5)(e) of the Corporations Act in the required timeframe for various issues of shares between 2018 and 2023. The Company has been granted the orders, as set out in the attached notice, and anticipates the trading of its securities will recommence when the market opens on Monday, 11 March 2024.

08/03/2024

The company releases a Cleansing Notice.

08/03/2024

The company releases a notification regarding unquoted securities.

07/03/2024

The company releases a notice of proposed issue of securities.

07/03/2024

The voluntary suspension is pending the release of an announcement in relation to the outcome of the Court hearing of the Application scheduled to occur on Friday 8 March 2024 at a time not before 10:00am (WST). Securities will remain in voluntary suspension until the announcement to the market of the outcome of the Court hearing.

07/03/2024

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

04/03/2024

name changed from Pepinnini Minerals Limited

17/06/2022

 

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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
    01/12/2023Mena Habib90,000$0.230$20,700
    23/06/2022David Turvey105,000$0.380$39,900
    23/06/2022Mena Habib85,000$0.340$28,900
    18/11/2021Luis Kennedy84,312$0.065$5,480
    12/11/2021Luis Kennedy29,835$0.670$19,989

    Click here for the last 20 transactions all companies

    Directors & Executives (current)

    NAMETITLEDATE OF APPT
    Stephen RossNon Exec Chairman09/07/2021
    Mena HabibManaging Director09/07/2021
    James MosesDirector05/05/2021
    Jay StephensonCompany Secretary

    Date of first appointment, title may have changed.

    Directors & Executives (former)

    NAMETITLEDATE OF APPOINTMENTDATE OF RESIGNATION
    David TurveyNon Exec Director08/07/202102/12/2023
    Luis KennedyNon Exec Director07/08/202025/11/2021
    Rebecca Holland-KennedyNon Exec Director15/08/200225/11/2021
    Wei SunIndependent Director26/11/202008/07/2021
    Andre WesselsNon Exec Director09/03/202025/11/2020
    George CumplidoNon Exec Director23/06/202007/08/2020
    Philip CliffordNon Exec Director09/04/201330/06/2020
    Sarah Clifton-BrownNon Exec Director12/12/201405/03/2020
    James AllchurchNon Exec Director01/07/201908/11/2019
    Murray BaileyDirector01/01/201430/10/2014
    Norman KennedyChairman, Managing Director15/08/200214/03/2013
    Christopher LambertIndependent Director12/10/200622/11/2012

    Date of first appointment, title may have changed.