SPECIAL NOTICE

We are working on upgrading our websites and despite our best endeavours have experienced census type calamities for almost a week now. Our apologies, we hope to have all problems resolved by Monday August 15th.

SEARCH BY NAME

BROWSE

Browse Australian listed companies

0-9A B C D E F G H I J K L M N O P Q R S T U V W XY Z

Browse current Australian managed funds

0-9A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

SEARCH BY CODE

Find any Australian or New Zealand company or fund (dead or alive) by using SEARCH above or go directly to the site:

PROTEAN ENERGY LIMITED (POW)

Listed on ASX

SHARE PRICES

(updated at weekends)

Former (or subsequent) names

 FROMTO
PROTEAN ENERGY LIMITED28/11/2016
PROTEAN WAVE ENERGY LTD21/01/201628/11/2016
STONEHENGE METALS LIMITED21/01/2016

Shareholder links

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

 

REGISTRY:

Link Market Services, Level 12 QV1 Building 250 St Georges Terrace Perth WA 6000

Tel : +61 8 9211 6670 or 1300 554 474
Fax : +61 2 9287 0303
RegistryWebsite RegistryEmail

Company details

ISIN: AU000000POW6
Address: Unit 5, Ground floor 1 Centro Avenue Subiaco WA 6008
Tel:  (08) 9481 2277 Fax: (08) 9481 2355

Date first listed: 21/12/2006
Company Secretary: Mr Matthew Foy
Sector: Energy Industry Group: XEJ
Activities: Exploration for uranium and vanadium in Korea

The suspension of trading in the securities of Protean Energy Limited will be lifted immediately, following the release by POW of an announcement clarifying POW's announcement dated 29 May 2020.

04/06/2020

The Company wishes to retract the Announcement relating to Margaret Lake's activities on the following basis: The global rights licensing agreement between Protean's 50% owned subsidiary KORID Energy Co. Ltd and Margaret Lake remains conditional and incomplete. The information within Margaret Lakes' announcement relating to the status of the Licensing Agreement is inaccurate and cannot be relied upon. The announcement inaccurately depicts the status of Margaret Lake's interest in KORID and its technologies. Until such time as the Licensing Agreement has completed, Margaret Lake holds no interest in KORID Energy Co. Ltd or its related patented technologies.

04/06/2020

The securities of Protean Energy Limited will be suspended from quotation from the commencement of trading on Wednesday, 3 June 2020 under Listing Rule 17.2, at the request of POW, pending the release of an announcement clarifying POW's announcement dated 29 May 2020.

03/06/2020

The Rights (POWR) of Protean Energy Limited offered under the Company's prospectus dated 17 May 2017 will be suspended from quotation immediately.

22/05/2017

we understand that on or about this date the company consolidated its shares 1 for 30

01/05/2017

The suspension of trading in the securities of Protean Energy Limited will be lifted immediately following receipt of an announcement regarding a capital raising.

28/02/2017

The company has entered into a share purchase agreement with a sophisticated Korean investor to sell 1,250,000 KORID Inc shares at a price of 350 KWON per share providing net proceeds of approximately A$500,000. Additionally, the Company has secured a $650,000 loan facility with a small number of existing shareholders. The Company also announces it intends to seek shareholder approval to undertake a share consolidation to reduce the number of shares on issue. The consolidation will be to one ordinary share for every thirty (30) existing ordinary shares held in the Company.

28/02/2017

KORID received notice from the Korean Stock Exchange it will not be delisted from the exchange. The notice follows a rigorous appeal process and reflects KORID's commitment to shareholders to remain a public company. KORID's trading halt will be lifted subject to the progress of its restructuring plan over the next twelve months and a review by KOSDAQ. The latest developments will not affect the joint venture agreement between the two parties and Protean will continue to hold its shareholding of 2,321,748 shares in KORID. In relation to the recently announced acquisition of a 50% stake in KORID Energy Limited, a subsidiary of KORID Inc, the Company continues to finalise the definitive agreements and expects to complete the process in the next two weeks.

24/02/2017

The suspension was requested to enable the company to manage its continuous disclosure obligations with respect to an announcement regarding a capital raising. The company is currently finalising the terms of the capital raising and expects its voluntary suspension to remain in place until 24 February 2017.

15/02/2017

The company advises that in accordance with listing rule 3.10A, the following securities are due to be released from escrow on 22 February 2017: 77,167,062 ordinary fully paid shares; 667,062 Options exercisable at $0.0375 on or before 31/12/2018; 4,500,000 Options exercisable at $0.0375 on or before 30/11/2018; 9,000,000 Options exercisable at $0.05 on or before 30/11/2018; 13,500,000 Options exercisable at $0.0625 on or before 30/11/2018; 18,000,000 Options exercisable at $0.075 on or before 30/11/2018; and 101,648,148 Class A Performance Shares.

10/02/2017

The securities of Protean Energy Limited will be suspended from official quotation from the commencement of trading on Tuesday, 7 February 2017, pending an announcement regarding a capital raising.

07/02/2017

name changed from Protean Wave Energy Limited

28/11/2016

ASX Announcements (courtesy of ASX)

 

Your comments

Please read our Terms before viewing comments.

 

Company Updates

Post your comments here

Please read our Terms before posting comments.
OMISSIONS
    You can post a comment here about this company

    Please click in the "I'm not a robot" box and enter the word/figures you see in the image that then appears.

    loading Posting your comments. Please wait...


    Directors' on-market share transactions (last 5)

    rss feeds

    Purchases Sales

    DATEDIRECTORNUMBERPRICEAMOUNT
    19/10/2018Bevan Tarratt1,000,000$0.025$24,500
    05/10/2012Bevan Tarratt6,000,000$0.020$120,660
    14/08/2012Bevan Tarratt10,000$0.033$328
    24/07/2012Bevan Tarratt500,000$0.024$12,000
    23/05/2012Bevan Tarratt2,143,473$0.025$53,660

    Click here for the last 20 transactions all companies

    Directors & Executives (current)

    NAMETITLEDATE OF APPT
    Richard HenningExecutive Chairman, CEO02/08/2010
    Brendan HammondNon Exec Chairman01/07/2015
    Steven MichaelCFO08/06/2011
    Bevan TarrattNon Exec Director12/06/2007
    David WheelerNon Exec Director16/05/2017
    Matthew FoyNon Exec Director31/12/2019

    Date of first appointment, title may have changed.

    Directors & Executives (former)

    NAMETITLEDATE OF APPOINTMENTDATE OF RESIGNATION
    Wayne LoxtonNon Exec Director06/11/201731/12/2019
    Young YuExecutive Director04/09/201231/12/2019
    Stephen RogersManaging Director26/07/201611/11/2017
    Bruce LaneExecutive Director06/05/201426/07/2016
    Warren StaudeNon Exec Chairman07/09/200604/09/2012
    Bob ClearyNon Exec Director17/05/201004/09/2012

    Date of first appointment, title may have changed.