NOTICE OF UPGRADE
Our websites will be unavailable between the hours of AEST 4AM September 17, 2022 and AEST 11PM on date September 18, 2022
SEARCH LISTED COMPANY
Any AUS or NZ company
SEARCH PRIVATE COMPANY
SEARCH FUNDS
Find any Australian or New Zealand company or fund (dead or alive) by using SEARCH above or go directly to the site:
|
|
13 September 2024
| Name: | REWARD MINERALS LTD (RWD) | |||||||||
| ISIN: | AU000000RWD5 | |||||||||
| Date of Listing: | 12 December 1991 | |||||||||
| Former Names: |
|
Stock Exchange Status: (updated daily)
This entity is currently listed and quoted on the Australian Securities Exchange.Legal Status: (updated monthly)
ACN: 009 173 602ABN: 50 009 173 602
Registration Date: 22 April 1986
Capital Gains Tax (CGT) Status: (updated at least quarterly)
To crystallise a capital gain or capital loss on your securities in this entity, you are able to sell your securities on-market in the normal manner. If you determine that the market in your securities is illiquid and you still wish to crystallise a capital gain or loss, kindly contact deListed at admin@delisted.com.au for suggestions as to how you might proceed.
Updates, corrections, disagreements please email to admin@delisted.com.au
Further information: deListed and InvestoGain are operated by Investogain Pty Limited which is licensed by ASIC as an Australian Financial Services Licensee (AFSL 334036). deListed acquires only securities that it deems to be of little or no value, in circumstances where the holder is unable to sell their securities on-market in the normal manner. This service has been provided online via the company’s website www.delisted.com.au since 2004.
Getting advice: Information provided in this section is of a general nature and applicable only to Australian tax residents who hold their investments on capital account (ie for long-term investment purposes). It has been prepared without taking into account your financial needs or tax situation. Before acting on the information, deListed suggests that you consider whether it is appropriate for your circumstances and recommends that you seek independent legal, financial, or taxation advice.
Disclaimer: The information provided above is to the best of our knowledge accurate as of today. But you should bear in mind that it is of a general nature and does not constitute financial or tax advice. Investogain Pty Limited accepts no liability for any loss arising from reliance on this information, including reliance on information that is no longer current.
| FROM | TO | |
| REWARD MINERALS LTD | 13/02/2004 | |
| ASIA MULTI-FOODS AND OILS AUSTRALIA LIMITED | 28/12/1995 | 13/02/2004 |
| VINCENT CORPORATION LIMITED | 28/12/1995 |
Automic Registry Pty Ltd
Level 5, 191 ST GEORGES TERRACE PERTH WA 6000
Tel : +61 (2) 8072 1400 or 1300 288 664 (within Australia)
RegistryWebsite RegistryEmail
Expand this box to read and print
The suspension of trading in the securities of Reward Minerals Ltd will be lifted immediately following the release by RWD of an announcement regarding the acquisition of the Beyondie Project. | 18/03/2024 |
Despite an exhaustive effort, the Company has been unable to secure sufficient funding to complete the acquisition of the Beyondie Sulphate of Potash Project and have adequate working capital available. Therefore, the Company has entered into a deed of termination with Kalium and the Receivers terminating the Share Sale Agreement. As part of the deed of termination, Reward, Kalium and the Receivers have agreed to a mutual release of their respective obligations under the Share Sale Agreement. Kalium and the Receivers are entitled to retain amounts paid by Reward towards the Receiver's fees, costs and expenses of the care and maintenance of the Beyondie Project during the period from 1 January 2024 to 10 March 2024, in addition to retaining the nonrefundable exclusivity deposit of $250,000. | 18/03/2024 |
The Company anticipates that the voluntary suspension will remain in place until the earlier of the Company releasing the announcement in relation to the acquisition of the Beyondie Project or the commencement of trading on Monday, 25 March 2024. | 15/03/2024 |
The Company anticipates that the voluntary suspension will remain in place until the earlier of the Company releasing the announcement in relation to the acquisition of the Beyondie Project or the commencement of trading on Monday, 18 March 2024. | 08/03/2024 |
The Company anticipates that the voluntary suspension will remain in place until the earlier of the Company releasing the announcement or the commencement of trading on Monday, 11 March 2024. | 01/03/2024 |
The Company is seeking an extension to the voluntary suspension of its securities pending the release of an announcement in relation to the acquisition of the Beyondie Project. The Company anticipates that the voluntary suspension will remain in place until the earlier of the Company releasing the announcement or the commencement of trading on Monday, 4 March 2024. | 23/02/2024 |
Kalium Lakes' Receivers are currently working with Reward to amend the SSA and Deed of Company Arrangement proposed for the sale of KLL's subsidiaries, Kalium Lakes Potash Pty Ltd and Kalium Lakes Infrastructure Pty Ltd. These amendments are to reflect that completion of this transaction may no longer rely on Reward's Entitlement Offer. It is now expected that the sale transaction will complete by mid-March 2024. | 20/02/2024 |
The Company is seeking an extension to the voluntary suspension of its securities pending the release of an announcement in relation to the acquisition of the Beyondie Project. The Company anticipates that the voluntary suspension will remain in place until the earlier of the Company releasing the announcement or the commencement of trading on Monday, 26 February 2024. | 16/02/2024 |
The Board has resolved to withdraw the Entitlement Offer announced by the Company to ASX on 10 January 2024. A supplementary prospectus was lodged with ASIC on 16 February 2024 to give effect to the withdrawal of the Entitlement Offer and accelerate the expiry of the prospectus lodged by the Company with ASIC on 9 January 2024 and supplemented on 10 January 2024. The Share Sale Agreement with the Receivers and Managers of Kalium Lakes Limited to acquire the Beyondie SOP Project remains on foot. The Company is in advanced discussions with the Receivers regarding an alternative proposal with respect to the acquisition of the Beyondie SOP Project. As at the date of this announcement there is no guarantee the alternative proposal will materialise or that the Share Sale Agreement will complete. | 16/02/2024 |
The Company is seeking an extension to the voluntary suspension of its securities pending the release of an announcement in relation to its proposed acquisition of the Beyondie Project and associated entitlement offer. The Company anticipates that the voluntary suspension will remain in place until the earlier of the Company releasing the announcement or the commencement of trading on Monday, 19 February 2024. | 12/02/2024 |
The securities of Reward Minerals Ltd will be suspended from quotation immediately under Listing Rule 17.2, at the request of RWD, pending the release of an announcement regarding its proposed acquisition of the Beyondie Project and associated entitlement offer. | 07/02/2024 |
The suspension of trading in the securities of Reward Minerals Ltd will be lifted immediately following the release by RWD of an announcement regarding a material acquisition. | 16/11/2023 |
Reward has entered into an exclusivity deed with Kalium to provide a period of exclusivity during which the parties have agreed that they intend to negotiate in good faith to seek to agree the terms of a sale agreement and any associated documents required to give effect to the sale of the Beyondie Project, in line with key terms set out in a non-binding term sheet. Total upfront consideration of $14.75 million cash (plus a final payment of $5 million by 30 June 2025 and an exclusivity payment of $250,000). The previous owners of the Beyondie Project are estimated to have spent in excess of $400 million1 on Mineral Resource/Reserve definition, development, construction and operations of the only producing SOP mine in Australia, prior to the appointment of Receivers and Managers and Voluntary Administrators on 3 August 2023. The Reward team, led by Executive Director Dr Michael Ruane, has over 50 years combined solar salt and SOP technical and commercial experience. The team has been investigating the Beyondie Project for some time and believes the current flowsheet and unit operations at Beyondie can be simplified with a view to enabling profitable SOP production at the site. Incorporation of aspects of Reward's new SOP Potash processing technology may also enhance the revenue generating possibilities from the substantial SOP brine resources identified. Reward's proposed changes to the evaporation and processing techniques at the Beyondie Project are subject to site based confirmation studies and statutory approvals, however, have potential to generate significant value for Reward shareholders. | 16/11/2023 |
The securities of Reward Minerals Ltd will be suspended from quotation immediately under Listing Rule 17.2, at the request of RWD, pending the release of an announcement regarding a potential material acquisition. | 09/11/2023 |
The suspension of trading in the securities of Reward Minerals Ltd will be lifted immediately following the release by RWD of an announcement regarding a material acquisition. | 28/07/2022 |
The Company will not proceed with the material acquisition referred to in its request for Voluntary Suspension dated 20 July 2022. The Company requests that the Voluntary Suspension on trading of its securities be lifted and trading resumes on 28 July 2022. | 28/07/2022 |
The securities of Reward Minerals Ltd will be suspended from quotation immediately under Listing Rule 17.2, at the request of RWD, pending the release of an announcement regarding a material acquisition. | 20/07/2022 |
The suspension of trading in the securities of Reward Minerals Limited (the "Company") will be lifted immediately, following receipt of an announcement by the Company. Security Code: RWD RWDO | 26/02/2014 |
The securities of Reward Minerals Limited (the "Company") will be suspended from quotation immediately, at the request of the Company, pending the release of an announcement in relation to a capital raising. Security Code: RWD RWDO | 25/02/2014 |
the suspension of trading in the securities of Reward Minerals Limited (the "Company") will be lifted before the commencement of trading on Wednesday 28 December 2011, following receipt of an announcement regarding the Lake Disappointment Potash Project | 23/12/2011 |
the securities of Reward Minerals Limited (the "Company") will be suspended from quotation from the commencement of trading on Thursday 22 December 2011, at the request of the Company, pending the release of an announcement | 21/12/2011 |
the suspension of trading in the securities of Reward Minerals Limited (the "Company") will be lifted before the commencement of trading tomorrow, following receipt of an announcement regarding the Lake Disappointment potash project | 19/09/2011 |
the suspension of trading in the securities of Reward Minerals Limited (the "Company") will be lifted before the commencement of trading tomorrow, following receipt of an announcement regarding the Lake Disappointment potash project | 19/09/2011 |
we understand that on or about this date the company made an in specie distribution of 1 share in Jinka Minerals for every 4.06 shares in the company | 31/08/2009 |
reinstated to quotation | 20/04/2004 |
name changed from Asia Multi-Foods and Oils Australia Limited | 13/02/2004 |
shares remain suspended | 13/02/2004 |
The suspension of trading in the securities of Reward Minerals Ltd will be lifted immediately following the release by RWD of an announcement regarding the acquisition of the Beyondie Project. | 18/03/2024 |
Despite an exhaustive effort, the Company has been unable to secure sufficient funding to complete the acquisition of the Beyondie Sulphate of Potash Project and have adequate working capital available. Therefore, the Company has entered into a deed of termination with Kalium and the Receivers terminating the Share Sale Agreement. As part of the deed of termination, Reward, Kalium and the Receivers have agreed to a mutual release of their respective obligations under the Share Sale Agreement. Kalium and the Receivers are entitled to retain amounts paid by Reward towards the Receiver's fees, costs and expenses of the care and maintenance of the Beyondie Project during the period from 1 January 2024 to 10 March 2024, in addition to retaining the nonrefundable exclusivity deposit of $250,000. | 18/03/2024 |
The Company anticipates that the voluntary suspension will remain in place until the earlier of the Company releasing the announcement in relation to the acquisition of the Beyondie Project or the commencement of trading on Monday, 25 March 2024. | 15/03/2024 |
The Company anticipates that the voluntary suspension will remain in place until the earlier of the Company releasing the announcement in relation to the acquisition of the Beyondie Project or the commencement of trading on Monday, 18 March 2024. | 08/03/2024 |
The Company anticipates that the voluntary suspension will remain in place until the earlier of the Company releasing the announcement or the commencement of trading on Monday, 11 March 2024. | 01/03/2024 |
The Company is seeking an extension to the voluntary suspension of its securities pending the release of an announcement in relation to the acquisition of the Beyondie Project. The Company anticipates that the voluntary suspension will remain in place until the earlier of the Company releasing the announcement or the commencement of trading on Monday, 4 March 2024. | 23/02/2024 |
Kalium Lakes' Receivers are currently working with Reward to amend the SSA and Deed of Company Arrangement proposed for the sale of KLL's subsidiaries, Kalium Lakes Potash Pty Ltd and Kalium Lakes Infrastructure Pty Ltd. These amendments are to reflect that completion of this transaction may no longer rely on Reward's Entitlement Offer. It is now expected that the sale transaction will complete by mid-March 2024. | 20/02/2024 |
The Company is seeking an extension to the voluntary suspension of its securities pending the release of an announcement in relation to the acquisition of the Beyondie Project. The Company anticipates that the voluntary suspension will remain in place until the earlier of the Company releasing the announcement or the commencement of trading on Monday, 26 February 2024. | 16/02/2024 |
The Board has resolved to withdraw the Entitlement Offer announced by the Company to ASX on 10 January 2024. A supplementary prospectus was lodged with ASIC on 16 February 2024 to give effect to the withdrawal of the Entitlement Offer and accelerate the expiry of the prospectus lodged by the Company with ASIC on 9 January 2024 and supplemented on 10 January 2024. The Share Sale Agreement with the Receivers and Managers of Kalium Lakes Limited to acquire the Beyondie SOP Project remains on foot. The Company is in advanced discussions with the Receivers regarding an alternative proposal with respect to the acquisition of the Beyondie SOP Project. As at the date of this announcement there is no guarantee the alternative proposal will materialise or that the Share Sale Agreement will complete. | 16/02/2024 |
The Company is seeking an extension to the voluntary suspension of its securities pending the release of an announcement in relation to its proposed acquisition of the Beyondie Project and associated entitlement offer. The Company anticipates that the voluntary suspension will remain in place until the earlier of the Company releasing the announcement or the commencement of trading on Monday, 19 February 2024. | 12/02/2024 |
The securities of Reward Minerals Ltd will be suspended from quotation immediately under Listing Rule 17.2, at the request of RWD, pending the release of an announcement regarding its proposed acquisition of the Beyondie Project and associated entitlement offer. | 07/02/2024 |
The suspension of trading in the securities of Reward Minerals Ltd will be lifted immediately following the release by RWD of an announcement regarding a material acquisition. | 16/11/2023 |
Reward has entered into an exclusivity deed with Kalium to provide a period of exclusivity during which the parties have agreed that they intend to negotiate in good faith to seek to agree the terms of a sale agreement and any associated documents required to give effect to the sale of the Beyondie Project, in line with key terms set out in a non-binding term sheet. Total upfront consideration of $14.75 million cash (plus a final payment of $5 million by 30 June 2025 and an exclusivity payment of $250,000). The previous owners of the Beyondie Project are estimated to have spent in excess of $400 million1 on Mineral Resource/Reserve definition, development, construction and operations of the only producing SOP mine in Australia, prior to the appointment of Receivers and Managers and Voluntary Administrators on 3 August 2023. The Reward team, led by Executive Director Dr Michael Ruane, has over 50 years combined solar salt and SOP technical and commercial experience. The team has been investigating the Beyondie Project for some time and believes the current flowsheet and unit operations at Beyondie can be simplified with a view to enabling profitable SOP production at the site. Incorporation of aspects of Reward's new SOP Potash processing technology may also enhance the revenue generating possibilities from the substantial SOP brine resources identified. Reward's proposed changes to the evaporation and processing techniques at the Beyondie Project are subject to site based confirmation studies and statutory approvals, however, have potential to generate significant value for Reward shareholders. | 16/11/2023 |
The securities of Reward Minerals Ltd will be suspended from quotation immediately under Listing Rule 17.2, at the request of RWD, pending the release of an announcement regarding a potential material acquisition. | 09/11/2023 |
The suspension of trading in the securities of Reward Minerals Ltd will be lifted immediately following the release by RWD of an announcement regarding a material acquisition. | 28/07/2022 |
The Company will not proceed with the material acquisition referred to in its request for Voluntary Suspension dated 20 July 2022. The Company requests that the Voluntary Suspension on trading of its securities be lifted and trading resumes on 28 July 2022. | 28/07/2022 |
The securities of Reward Minerals Ltd will be suspended from quotation immediately under Listing Rule 17.2, at the request of RWD, pending the release of an announcement regarding a material acquisition. | 20/07/2022 |
The suspension of trading in the securities of Reward Minerals Limited (the "Company") will be lifted immediately, following receipt of an announcement by the Company. Security Code: RWD RWDO | 26/02/2014 |
The securities of Reward Minerals Limited (the "Company") will be suspended from quotation immediately, at the request of the Company, pending the release of an announcement in relation to a capital raising. Security Code: RWD RWDO | 25/02/2014 |
the suspension of trading in the securities of Reward Minerals Limited (the "Company") will be lifted before the commencement of trading on Wednesday 28 December 2011, following receipt of an announcement regarding the Lake Disappointment Potash Project | 23/12/2011 |
the securities of Reward Minerals Limited (the "Company") will be suspended from quotation from the commencement of trading on Thursday 22 December 2011, at the request of the Company, pending the release of an announcement | 21/12/2011 |
the suspension of trading in the securities of Reward Minerals Limited (the "Company") will be lifted before the commencement of trading tomorrow, following receipt of an announcement regarding the Lake Disappointment potash project | 19/09/2011 |
the suspension of trading in the securities of Reward Minerals Limited (the "Company") will be lifted before the commencement of trading tomorrow, following receipt of an announcement regarding the Lake Disappointment potash project | 19/09/2011 |
we understand that on or about this date the company made an in specie distribution of 1 share in Jinka Minerals for every 4.06 shares in the company | 31/08/2009 |
reinstated to quotation | 20/04/2004 |
name changed from Asia Multi-Foods and Oils Australia Limited | 13/02/2004 |
shares remain suspended | 13/02/2004 |
Your browser may reflect a date of printing in American format.
Purchases Sales
| DATE | DIRECTOR | NUMBER | PRICE | AMOUNT |
|---|---|---|---|---|
| 09/09/2024 | Michael Ruane | 100,000 | $0.039 | $3,850 |
| 19/08/2024 | Michael Ruane | 40,000 | $0.040 | $1,600 |
| 05/08/2024 | Michael Ruane | 205,000 | $0.041 | $8,453 |
| 24/07/2024 | Michael Ruane | 141,286 | $0.029 | $4,130 |
| 17/06/2024 | Michael Ruane | 350,000 | $0.023 | $8,050 |
| NAME | TITLE | DATE OF APPT |
|---|---|---|
| Colin McCavana | Non Exec Chairman | 24/02/2010 |
| Michael Ruane | Managing Director, CEO | 03/12/2004 |
| Lorry Hughes | CEO | 08/09/2022 |
| Rod Della Vedova | Non Exec Director | 18/01/2013 |
| Bianca Taveira | Company Secretary |
Date of first appointment, title may have changed.
| NAME | TITLE | DATE OF APPOINTMENT | DATE OF RESIGNATION |
|---|---|---|---|
| Greg Cochran | CEO | 01/12/2017 | 01/07/2021 |
| Gary Lethridge | Managing Director | 31/03/2017 | 17/05/2017 |
| William Brooks | Non Exec Director | 26/03/2003 | 31/05/2013 |
| Cyrille Van Heyst | Non Exec Director | 26/03/2003 | 31/05/2013 |
Date of first appointment, title may have changed.
Contact Us | Financial Services Guide | Privacy Policy
This website is owned and operated by Investogain Pty Limited.
ABN 88 129 443 447 | AFSL 334036
Information provided is of a general nature and not for trading or advice.
Copyright © 2002-2024 Investogain Pty Limited. All rights reserved.
