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QUEST MINERALS LIMITED (QNL)

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

Former (or subsequent) names

 FROMTO
JADE GAS HOLDINGS LIMITED30/09/2021
HIGH GRADE METALS LIMITED22/02/201830/09/2021
QUEST MINERALS LIMITED03/12/200822/02/2018
IC2 GLOBAL LIMITED28/07/200403/12/2008
WESTEL GROUP LIMITED28/07/2004

Shareholder links

 

REGISTRY:

Advanced Share Registry Services
110 Stirling Hwy, Nedlands WA 6009
Tel : +61 8 9389 8033
Fax : +61 8 9262 3723
RegistryWebsite RegistryEmail

Company details

Address: C/o Mining Corporate Pty Ltd Level 11, London House 216 St. Georges Terrace Perth WA 6000
Tel:  +61 (08) 9481 0389Fax: +61 (08) 9463 6103

Date first listed: 13/02/1995

Sector: Materials Industry Group: XMJ
Activities: Exploration for gold,iron and other mineral resources

News & Events

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name changed to High Grade Metals Limited

22/02/2018

The company has raised the full subscription amount of $4,500,000 under its prospectus dated 30 January 2018, and has closed the offer.

09/02/2018

The company issues a prospectus for an offer of 150,000,000 Shares at an issue price of $0.03 each to raise $4,500,000. The prospectus also contains an offer of 186,000,000 Consideration Shares, 65,000,000 Consideration Options, 120,000,000 Class A Performance Shares and 120,000,000 Class B Performance Shares to the Vendors in consideration for the acquisition of all of the securities in Austrian Projects Corporation Pty Ltd.

30/01/2018

The company lodges a Quarterly Activities Report.

29/01/2018

The company lodges a Quarterly Cashflow Report.

29/01/2018

The securities of Quest Minerals Limited will be suspended from quotation immediately, at the request of the Company. The Company's securities will remain suspended until the Company has either provided information regarding its proposed change of activities as required by Annexure A of ASX Guidance Note 12, or until the Company has complied with Chapters 1 and 2 of the Listing Rules in accordance with Listing Rule 11.1.3.

19/01/2018

The securities of Quest Minerals Limited will be reinstated to official quotation from the commencement of trading tomorrow, 14 November 2017, following the release of an announcement regarding a potential acquisition.

13/11/2017

The company has signed a binding heads of agreement with Austrian Projects Corporation whereby the company will acquire 100% of the issued shares in APC from the APC shareholders for the purposes of acquiring a 100% interest in a suite of cobalt and gold exploration tenements in Austria.

13/11/2017

The securities of Quest Minerals Limited will be suspended from official quotation from the commencement of tomorrow, 2 November 2017, at the request of the Company, pending: the release of an announcement concerning a potential acquisition; and the decision of ASX Limited concerning the application to that acquisition of Listing Rules 11.1.2 and 11.1.3.

01/11/2017

The securities of Quest Minerals Limited will be reinstated to official quotation as from 10am (AEDT) on Friday, 17 February 2017 following the completion by the Company of a recapitalisation.

16/02/2017

The offer for capital raising closed on 7 February 2017 with minimum condition requirement under the offer being satisfied.

10/02/2017

The company issues a third supplementary prospectus intended to be read with the prospectuses dated 29 November 2016 and 27 January 2017.

06/02/2017

The company lodges its Quarterly Cashflow Report.

01/02/2017

The company lodges its Quarterly Activities Report.

01/02/2017

The company issues a second supplementary prospectus intended to be read with the prospectus dated 15 November 2016.

27/01/2017

The company has settled Supreme Court proceedings commenced against it by Mutual Holdings and KHV Holdings.

16/01/2017

The company provides a recapitalisation update. The matter about negating the shareholder approvals for the issue of shares to recapitalise the company obtained at the company's general meeting is scheduled to be heard over a four-day trial period commencing 16 January 2017 and, if required, also on 30 January 2017. Also, ASX has advised that it has granted a further extension of the deadline by which the company's shares must be requoted to 15 February 2017. The company's offer in its prospectus and supplementary prospectus has been extended.

03/01/2017

Honourable Justice McKerracher has delivered his decision in favour of the application for orders under section 444GA of the Corporations Act. It is anticipated that the Deed Administrator will now execute the necessary escrow deeds with respect to a total of 256,666 shares owned by two shareholders as required by ASX as part of its conditions for reinstatement to trading of the company's shares.

16/12/2016

Due to shareholder interes, the priority allocation for existing shareholders has been extended to 5:00 pm (WST) on Friday 16 December 2016.

13/12/2016

The administrator lodged an application in the Federal Court of Australia seeking orders to enable the company to comply with the conditions imposed by ASX for reinstatement to trading of the company's shares. The matter has been set for a hearing in the Federal Court on 14 December 2016, with judgement expected shortly thereafter.

02/12/2016

The company releases a letter to its shareholders regarding the priority offer.

30/11/2016

The company lodges a supplementary prospectus intended to be read with the prospectus dated 15 November 2016.

30/11/2016

The company provides an update on the following in relation to its recapitalisation plan as recently approved by shareholders: priority offer to existing shareholders; ASX grants extension for compliance with reinstatement conditions; further funds raised under secured loan; proceedings by Mutual Holdings and KHV Holdings; and a supplementary prospectus was lodged with ASIC.

30/11/2016

Pursuant to the approval of shareholders obtained at the EGM, the securities of the company have been consolidated on a 300 to 1 basis.

24/11/2016

we understand that on or about this date the company consolidated its shares 1 for 300

24/11/2016

The company issues a prospectus for (on a post-Consolidation basis): an offer of 91,000,000 Shares at an issue price of $0.02 per Share to raise $1.82m; an offer of 32,500,000 Options (each to be issued 1 Share with an exercise price of $0.03 and an expiry date of 30 September 2020); and the purpose of having the Company's Shares reinstated to trading on ASX.

15/11/2016

The company has entered into a definitive agreement with CPS Capital Group Pty Ltd to act as lead manager for the capital raising approved by shareholders at today's General Meeting of shareholders. The company will now immediately proceed with lodgement of a prospectus.

15/11/2016

The company releases the results of its 2016 Annual General Meeting.

15/11/2016

The company provides the results of its 2015 Annual General Meeting.

15/11/2016

The company releases the results of its general meeting.

15/11/2016

Quest Minerals Limited is pleased to announce that it has completed a placement of 93.81 million fully paid ordinary shares to a sophisticated and professional investor to raise $6,250. The shares have been issued under the Company's existing capacity under ASX Listing Rule 7.1. The issue price of the shares is $0.0000667 per share, is equivalent to a post reconstruction price of $0.02 cents per share, as detailed in the Company's Notice of Meeting issued on 14 October 2016.

14/11/2016

Shareholders get 1 share for every 300 presently owned.

08/11/2016

The company lodges a Quarterly Cashflow Report.

01/11/2016

The company lodges a Quarterly Activities Report.

01/11/2016

The 2016 Annual General Meeting of the Shareholders of Quest Minerals Limited will be held at: BDO Corporate Finance (WA) Pty Ltd Rokeby Room, 38 Station Street, Subiaco WA 6008 commencing at 2:15 pm (WST) on Monday, 14 November 2016.

14/10/2016

The 2015 Annual General Meeting of the Shareholders of Quest Minerals Limited will be held at:BDO Corporate Finance (WA) Pty Ltd Rokeby Room, 38 Station Street, Subiaco WA 6008 commencing at 1:45 pm (WST) on Monday, 14 November 2016.

14/10/2016

The Extraordinary General Meeting of the Shareholders of Quest Minerals Limited will be held at: BDO Corporate Finance (WA) Pty Ltd Rokeby Room, 38 Station Street, SUBIACO WA 6008 commencing at 11.00 am (WST) on 14 November 2016.

14/10/2016

The Board is pleased to advise that following the commencement of the Federal Court proceedings to abridge the 28 day notice requirements for a listed entity to hold a shareholder meeting and an application to adjourn the proceedings by an affected party, the ASX has extended the removal date of the Company to 15 November 2016. The Company's shareholder meeting to consider the recapitalisation proposal will now be held at 11:00 am on Monday 14 November 2016 (rather than 24 October 2016 as previously announced).

14/10/2016

The company sends out a preliminary release of a Draft Notice of Meeting. The Extraordinary General Meeting of the Shareholders of Quest Minerals Limited will be held at: BDO Corporate Finance (WA) Pty Ltd Hay Room, 38 Station Street SUBIACO WA 6008 on 24 October 2016 commencing at 11.00 am (WST).

12/10/2016

The company has commenced proceedings in the Federal Court of Australian seeking an order under section 1322(4) of the Corporations Act that the notice period be abridged so that a meeting of the company's shareholders can occur on 24 October 2016. The application is listed for hearing before the Honorable Justice McKerracher at 11.30am on Thursday, 13 October 2016.

11/10/2016

Quest Minerals Limited announces that the Company has negotiated a proposal with number of investors including a lead manager to recapitalise the Company. Funds raised under the Offer (after payment to the Creditors Trust) will be used to advance the Company's Victory Bore gold project, general working capital and to meet the costs of the recapitalisation.

07/10/2016

The company lodges its Full Year Statutory Accounts 30 June 2016.

23/09/2016

The company lodges its Half Yearly Report and Accounts to 31 December 2015.

23/09/2016

The company lodges its Annual Report to shareholders for Year to 30 June 2015.

23/09/2016

The company lodges its Half Yearly Report and Accounts 31 December 2014.

23/09/2016

On 21 December 2015, the ASIC granted the company an extension of time to hold its AGM for the financial year ended 30 June 2015. ASIC has granted an extension of time for holding the AGM from 30 November 2015 to the earlier of 2 months after the date of termination of the external administration or 30 November 2016.

23/12/2015

The company's administrator advises that on 7 December 2015, the ASIC provided financial reporting relief to the company in relation to its obligations for the financial year ended 30 June 2015 and half-year ended 31 December 2015.

08/12/2015

all resolutions at the Annual General Meeting conducted today were passed

27/02/2015

The Annual General Meeting of the Shareholders of Quest Minerals Limited will be held at: Winduss & Associates Suite 1, 467 Scarborough Beach Road OSBORNE PARK WA 6017 on Friday, 27 February 2015 Commencing 10:00 am (WST)

02/02/2015

advises that it has received approval from ASIC for an extension of time to hold its Annual General Meeting ("˜AGM') for the financial year ended 30 June 2014. The AGM is to be held by no later than 28 February 2015

23/12/2014

Under listing rule 17.6, any entity (if not already suspended) that had not paid its annual listing fees by close of business on Friday 22 August 2014 is to be suspended from official quotation before the commencement of trading on Monday 25 August 2014. The company has not paid its annual listing fees in respect of the year ending 30 June 2015 but is already suspended from official quotation. In accordance with listing rule 16.5, entities that pay their annual listing fees on or after 22 August 2014 must pay by bank cheque only. Under listing rule 17.15, any entity that has not paid its annual listing fees as required by listing rule 16.5 by 5.00 pm EST on Friday 29 August 2014 will be removed from the official list with effect from the close of trading on Friday 29 August 2014.

25/08/2014

a deed of company administration is executed

18/08/2014

creditors meeting is adjourned for up to 45 business days

03/07/2014

the Company says it has been unable to raise capital from conventional public company sources due to its inability to obtain approval from ASX for the re-quotation of its shares. In view of this and the termination of its rights over the Perenjori project, the Board has resolved to appoint Mr Adam Shepard of Shepard Farnsworth as Voluntary Administrator, effectively immediately

09/05/2014

Quest Minerals Limited (ASX: QNL, "Company") refers to the withdrawal of the rights issue as previously announced on 17 January 2014, and advises that a Supplementary Prospectus was lodged today with ASIC

05/02/2014

Quest Minerals Limited (ASX: QNL, "Company") advises that its Annual General Meeting was conducted today in accordance with the Notice of Meeting. All resolutions contained within the Notice were determined by a poll - resolution 5 was lost, the others passed

20/12/2013

Quest Minerals Limited (ASX: QNL, "Company") advises it has been served with a writ by Mutual Holdings Pty Limited (Mutual Holdings), an entity controlled by Mr Vladimir (Roger) Nikolaenko. As disclosed in the Company's 2013 statutory accounts and elsewhere, the Board has determined (amongst other things) that Mr Nikolaenko was a shadow director of the Company when it entered into an agreement to acquire exploration licence E57/550 (known as Victory Bore) from Mutual Holdings (Sale Agreement). As a result, the Sale Agreement required shareholder approval under both ASX Listing Rule 10.1 and Chapter 2E of the Corporations Act, and the Company was required to comply with Listing Rule 10.7. Shareholder approval was not obtained and Listing Rule 10.7 not complied with. The Board has reported the breaches to both ASX and ASIC, and resolved not to make any further payments to Mutual Holdings

17/12/2013

Quest Minerals Limited (ASX: QNL, "Company") advises it has applied to the District Court of Western Australia for orders to serve writs on Malacca Capital Limited and Eurobond Trading Limited to recover $690,000 and $286,350 respectively (for a total of $976,350) relating to amounts payable on the final call on partly paid shares that is now due and payable to Quest

16/12/2013

Quest Minerals Limited (ASX: QNL, "Company") has agreed a two year extension to 30 April 2016 to earn an initial 80% interest in the Perenjori iron ore project by fulfilling its remaining earn-in commitments of $1.4 million. The Company may also earn a further 5% to take it to an 85% interest in the project by sole funding a definitive feasibility study

06/12/2013

Quest Minerals Limited (ASX: QNL, "˜Company') announces that it will be extending the closing date for its 1 for 1 non-renounceable entitlement issue announced on 17 October 2013 (Entitlement Issue) from 29 November 2013 to 6 December 2013

21/11/2013

the Annual General Meeting of the Shareholders of Quest Minerals Limited will be held at The University Club of Western Australia, University of Western Australia, Hackett Drive, Crawley, Western Australia, 6009 on Friday, 20 December 2013 at 9:30 am (WST)

20/11/2013

Quest Minerals Limited (ASX: QNL, "˜Company') wishes to announce that it has received approval from ASIC for a further one week extension of time to hold its Annual General Meeting ("˜AGM') for the financial year ended 30 June 2013. The AGM must now be held by no later than 20 December 2013

15/11/2013

Quest Minerals Limited (ASX: QNL) is pleased to announce that it has received $137,500 from a final call made on 2.5 million partly paid shares. The call was due on 4 October 2013. The Company now has 16.98 million partly paid shares remaining on issue, with 5.75 cents in outstanding calls per share for a total of $976,350 that was due on 4 October 201

04/11/2013

announces that it has received the final $300,000 for the balance of the $1.0m funding from Debenture Notes first announced in May 2013 (refer ASX announcement 22 October 2013). The investment has been taken up by Singapore based investor Droxford International Limited

31/10/2013

releases Annual Report to shareholders

30/10/2013

Quest Minerals Limited (Company) announced to the Australian Securities Exchange on 17 October 2013 a 1 for 1 pro-rata non-renounceable rights issue (Rights Issue or Offer) of up to 541,943,285 new fully paid shares (New Shares) at an issue price of $0.001 per New Share to raise up to $541,943.29 (before costs) with 1 free attaching new option for every 2 new shares issued

24/10/2013

issues a prospectus for a non-renounceable pro rata Offer to Eligible Shareholders on the basis of 1 New Share for every 1 Existing Share held, with 1 free attaching New Option for every 2 New Shares issued, at an issue price of $0.001 per New Share

23/10/2013

releases Full Year Statutory Accounts

14/10/2013

Quest Resources Limited (ASX: QNL, "˜Company') advises that the holders of the partly paid shares who were required to make payment of the final call by 4 October 2013 have failed to do so - the majority of holders of the partly paid have registered addresses outside Australia, and the Company is now taking steps for the shares to be forfeited and for the unpaid call to be recovered in accordance with its Constitution and applicable legal rights of recovery

11/10/2013

suspended from Official Quotation from the commencement of trading today 1 October 2013 following failure to lodge their Full Year Accounts for the period ended 30 June 2013 in accordance with Listing rules

01/10/2013

The suspension of trading in the securities Quest Minerals Limited (the "Company") will be lifted immediately, following the release of the Company" announcement concerning interim funding to advance the Perenjori Iron Project. Security Code: QNL

21/05/2013

Quest Resources Limited (ASX: QNL, 'Company') is pleased to announce that it has secured the financial support of major shareholder Maxillion Limited ('Maxillion') and other professional and sophisticated investors via the provision of Debenture Notes to an aggregate value of $1.0 million ('Notes').

21/05/2013

Further to its request for voluntary suspension on 13 May 2013 and subsequent update, Quest Minerals Limited (QNL, "Quest") requests a continuation of the temporary suspension of trading in QNL" securities listed on ASX. Quest provides the following by way of an update in relation to its financing arrangements. The Company has continued its discussions with a number of potential investors, and will continue to inform the market of material developments as matters progress.

20/05/2013

In accordance with ASX Listing Rule 17.2, Quest Minerals Limited (QNL, "Quest") requests a continuation of the temporary suspension of trading in QNL" securities listed on ASX that commenced on 13 May 2013. The request for the continued suspension of trading arises as the Company is unable to make the announcement foreshadowed in our request on 13 May.

16/05/2013

The securities of Quest Minerals Limited (the "Company") will be suspended from quotation immediately, at the request of the Company, pending the release of an announcement regarding an equity raising. Security Code: QNL

13/05/2013

securities suspended

18/12/2009

securities reinstated to quotation

18/12/2009

securities reinstated to quotation

22/04/2009

securities suspended pending a release of information about its financial condition

17/03/2009

name changed from IC2 Global Limited

03/12/2008

 

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

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lets hope a Chinese company buys in,

someone who can save its backside!  

30/11/2013 12:54:41
is this company going to survive?29/11/2013 13:08:42

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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
    10/02/2017Steve Formica5,900,000$0.020$118,000

    Click here for the last 20 transactions all companies

    Directors & Executives (current)

    NAMETITLEDATE OF APPT
    Steve FormicaNon Exec Chairman03/01/2017
    Jerome VitaleDeputy Chairman, CEO22/04/2013
    David PalumboNon Exec Director, Company Secretary18/01/2017
    Vladislav TrashlievAlternate Director22/01/2013

    Date of first appointment, title may have changed.

    Directors & Executives (former)

    NAMETITLEDATE OF APPOINTMENTDATE OF RESIGNATION
    Dennis GeeNon Exec Director15/06/201031/01/2017
    Paul PiercyNon Exec Chairman22/04/201318/01/2017
    Ian CrawfordAlternate Director21/10/201417/09/2016
    Stuart ThirdAlternate Director05/12/201328/07/2016
    Alan WindussNon Exec Chairman11/08/200822/04/2013
    Robert MolkenthinExecutive Director20/12/201222/04/2013
    Chris BarkerNon Exec Director19/09/201220/12/2012
    Lewis TyndallNon Exec Director23/03/200417/12/2012
    Anthony HamiltonCEO04/05/201219/09/2012

    Date of first appointment, title may have changed.