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STONE RESOURCES AUSTRALIA LIMITED (SHK)

Listed on ASX

SHARE PRICES

(updated at weekends)

Former (or subsequent) names

Shareholder links

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

 

REGISTRY:

Computershare, Level 11, 172 St Georges Terrace, Perth WA 6000

Tel : +61 (0)3 9415 4000 or 1300 850 505 (within Australia)
Fax : +61 3 9473 2500
RegistryWebsite RegistryEmail

Company details

ISIN: AU000000SHK9
Address: 3/25 Belgravia Street, BELMONT WA 6104
Tel:  (618) 9277 6008 Fax: 

Date first listed: 05/12/2003
Company Secretary: Tony Lau, Sheng Lu
Sector: Materials Industry Group: XMJ
Activities: Gold exploration

The suspension of trading in the securities of Stone Resources Australia Limited will be lifted immediately, following the release by SHK of an announcement regarding the proposed disposal of its Ben Hur and North Brightstar Projects.

12/08/2020

The company's recapitalisation is a major step closer with $10m agreement to sell Ben Hur to Regis Resources. SRAL strikes deal to sell Ben Hur project to Regis for $10 million in Regis shares and royalty. The deal will enable SRAL to pay major shareholder, Stone HK, $6 million pursuant to the proposed share buyback and debt cancellation. SRAL to retain $4 million cash or shares in Regis. Subject to SRAL shareholder approval, the share buyback and debt cancellation will leave SRAL well positioned to advance Brightstar Gold Project at a time of record high gold prices. PCF Capital Group retained by SRAL as strategic and financial adviser.

12/08/2020

Acquisition of valuable resource and tenement holdings from Stone Resources Australia for $10M in RRL shares and a capped 1% NSR royalty payable after the first 100,000 ounces of production. Acquisition includes the Ben Hur Mineral Resource "“ 5.8Mt @ 1.6 g/t Au for 290koz1 (JORC2012 Standard) which has potential to add further life to the Duketon Operations. Expands further the ongoing Duketon Greenstone Belt (DGB) exploration programme and consolidates the DGB for Regis. Immediate work on the tenement holding will commence once the acquisition is completed and will include infill drilling that seeks to upgrade and extend the resources.

12/08/2020

The company requests that the voluntary suspension remain in place until the earlier of it making an announcement regarding the recapitalisation process and proposed transaction in relation to the disposal of the Ben Hur and North Brightstar Projects or the commencement of trading on 14 August 2020.

10/08/2020

The company lodges its July 2020 Cashflow Report.

07/08/2020

The company requests that the voluntary suspension remain in place until the earlier of it making an announcement regarding the disposal of its Ben Hur and North Brightstar Projects or the commencement of trading on 11 August 2020.

06/08/2020

The voluntary suspension is requested pending an announcement regarding the company's recapitalisation process and proposed transaction in relation to the disposal of the Ben Hur and North Brightstar Projects. The company requests that the voluntary suspension remain in place until the earlier of it making an announcement or the commencement of trading on 7 August 2020.

03/08/2020

The securities of Stone Resources Australia Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of SHK, pending the release of an announcement regarding its recapitalisation process and proposed transaction in relation to the disposal of its Ben Hur and North Brightstar Projects.

28/07/2020

The suspension of trading in the securities of Stone Resources Australia Limited will be lifted immediately following the release by SHK of an announcement regarding a recapitalisation and restructuring plan.

25/03/2020

The company proposes to sell its North Project, including the Ben Hur and Delta deposits. The company has engaged PCF Capital Group to manage the sales process. SRAL will then focus on its South Project which includes the 300,000 tpa Brightstar plant and the Alpha, Beta and Gamma Projects.

25/03/2020

The securities of Stone Resources Australia Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of SHK, pending the release of an announcement regarding a recapitalisation and restructuring plan.

19/03/2020

Stone Resources Australia Limited (SHK) has paid a penalty of $33,000 after ASIC served an infringement notice on the company for failing to comply with its continuous disclosure obligations.

03/12/2013

The suspension of trading in the securities of Stone Resources Australia Limited (the " Company") will be lifted before the commencement of trading tomorrow, following lodgement of the annual report for the period ended 30 June 2012. Security Code: SHK

12/11/2012

The Company wishes to advise that it has lodged two applications with the Supreme Court of Western Australia to set aside the statutory demands respectively from Hawker Geological Services Pty Ltd and VM Drilling Pty Ltd. The Company does not consider the claims (or part thereof) in the statutory demands legitimate and therefore it has lodged the applications to set aside the statutory demands.

10/10/2012

securities suspended following failure to lodge full year accounts to 30 June 2012

01/10/2012

name changed from A1 Minerals Limited

13/12/2011

ASX Announcements (courtesy of ASX)

 

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Stone Resources Australia Limited has changed its address to

265 Great Eastern HWY, Belmont, WA. 6104

 

Former Director Edward Tai has left SHk last year.

 

I can be contacted  on 8-92776008 or my email address shengl@stoneral.com.au Sheng Lu

09/08/2013 13:29:40

Company Updates

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    Directors' on-market share transactions (last 5)

     

    Click here for the last 20 transactions all companies

    Directors & Executives (current)

    NAMETITLEDATE OF APPT
    Yongji DuanChairman04/11/2011
    Sheng LuDeputy CEO14/05/2014
    Fang LuExecutive Director24/01/2014
    Bill HobbaExecutive Director31/08/2012
    Yong HanExecutive Director07/01/2014

    Date of first appointment, title may have changed.

    Directors & Executives (former)

    NAMETITLEDATE OF APPOINTMENTDATE OF RESIGNATION
    Zu Guo FuCEO09/03/201503/12/2018
    Francis HuiCFO26/10/201204/04/2014
    Kai ShuaiNon Exec Director04/11/201101/01/2014
    Edward TaiDirector04/11/201114/12/2012
    Albert LongoCFO24/05/201012/10/2012
    Ross LoutheanNon Exec Director20/02/200915/08/2012

    Date of first appointment, title may have changed.