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REMSENSE TECHNOLOGIES LIMITED (REM)

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ASX, Legal & CGT Status

Former (or subsequent) names

 

Shareholder links

Our website ranking of REM: rating 5
(5 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: AU0000175820
Address: Suite 173, 580 Hay Street Perth WA 6000
Tel:  08 6118 5610

Date first listed: 02/11/2021

Activities: Commercialisation of Virtual Plant and technology and engineering services

News & Events

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The suspension of trading in the securities of Remsense Technologies Limited will be lifted immediately, following the release by REM of an announcement in relation to a capital raising.

06/11/2023

The company releases an investor update.

06/11/2023

The company releases a notice of proposed issue of securities.

06/11/2023

The Company has received firm commitments for a placement to raise $294,930 (before costs) at 4c per share from professional and sophisticated investor clients of Liquidity Technology Pty Ltd. Pursuant to the placement, the Company will issue 7,373,250 shares. The Company will issue one option (exercisable at $0.04 on or before the date that is three years from the date of issue) for every one share issued. The Company has also secured a loan of $198,080 through Radium Capital as an advance on 80% of the Company's estimated R&D claim for FY23. The loan is secured against the Company's ATO R&D claim. The loan has an interest rate of 16% and an initial maturity date of 31 December 2023 but may be extended depended upon the expected timing of the payment from the ATO of the R&D rebate. These funds raised from the placement and the receipt of the loan from Radium Capital will provide working capital to supplement existing cash to support the Company strategy of growing sales from its virtualplant technology.

06/11/2023

The company lodges its September 2023 Quarterly Activities and Cash Flow Report.

31/10/2023

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

27/10/2023

The securities of Remsense Technologies Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of REM, pending the release of an announcement regarding a capital raising.

16/10/2023

listed entity carried for record purposes only

02/11/2021

 

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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
    28/06/2023Sue Murphy50,000$0.069$3,469
    21/06/2023Steve Brown60,000$0.069$4,135
    27/04/2023Steve Brown45,000$0.071$3,208
    13/04/2023Christopher Sutherland100,000$0.067$6,658
    11/04/2023Steve Brown75,000$0.069$5,180

    Click here for the last 20 transactions all companies

    Directors & Executives (current)

    NAMETITLEDATE OF APPT
    Ross TaylorChairman02/11/2021
    Warren CookCEO07/09/2023
    Darren ShanahanCOO02/11/2021
    John CleggDirector21/02/2024
    Richard PaceDirector21/02/2024
    David McArthurCompany Secretary

    Date of first appointment, title may have changed.

    SPECIAL NOTE: During May 2024 we are working to remove duplications in the Company Secretary role.

    Directors & Executives (former)

    NAMETITLEDATE OF APPOINTMENTDATE OF RESIGNATION
    Jillian RosichCFO09/08/202110/05/2024
    Christopher SutherlandNon Exec Chairman02/11/202121/02/2024
    Sue MurphyNon Exec Director17/05/202321/02/2024
    Steve BrownManaging Director, CEO02/11/202114/12/2023
    Nicole O'ConnorNon Exec Director02/11/202113/02/2023

    Date of first appointment, title may have changed.