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STRIKE RESOURCES LIMITED (SRK)

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

Former (or subsequent) names

 FROMTO
STRIKE RESOURCES LIMITED25/01/2006
FAST SCOUT LIMITED25/01/2006

Shareholder links

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

 

REGISTRY:

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

Company details

ISIN: AU000000SRK8
Address: Suite 1, Level 1 680 Murray Street West Perth, Western Australia 6005
Tel:  +61 8 9214 9700Fax: +61 8 9214 9701

Date first listed: 07/03/2000

Sector: Materials Industry Group: XMJ
Activities: Holds a prospective portfolio of mineral exploration projects in Australia and Indonesia and? is investigating other opportunities,? particularly in relation to uranium, coal, iron ore? and other prospects in the resources? sector

News & Events

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The suspension of trading in the securities of Strike Resources Limited will be lifted immediately following the release by SRK of an announcement regarding a corporate transaction in relation to the Paulsens East Iron Ore Project and Apurimac Iron Ore Project.

03/01/2024

The Company has entered into a Share and Asset Sale Agreement with Miracle Iron Holdings Pty Ltd for the sale of 100% of the shares in wholly-owned subsidiary, Strike Iron Ore Holding Pty Ltd in consideration of a cash purchase price of A$20.5 million. SIOPL is the owner of Paulsens East Iron Ore Pty Ltd, the owner of Strike's Paulsens East Iron Ore Project located in the Pilbara, Western Australia. Strike will receive A$20 million on completion with A$0.5 million deferred consideration payable by Miracle on 30 June 2024. Strike will apply part of the sale proceeds to fully discharge the US$7.2 million loan owed to Good Importing International Pty Ltd, with the remaining proceeds intended to applied towards the advancement of Strike's Apurimac Iron Ore Project in Peru and for working capital purposes.

03/01/2024

The securities of Strike Resources Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of SRK, pending the release of an announcement regarding a corporate transaction in relation to the Paulsens East Iron Ore Project and Apurimac Iron Ore Project.

28/12/2023

The suspension of trading in the securities of Strike Resources Limited will be lifted immediately following the release by SRK of an announcement regarding the results of a scoping study.

28/11/2019

Scoping study confirms excellent project economics for the Paulsens East Iron Ore Project in the Pilbara, Western Australia. Majority of product to be high grade 61% lump direct shipping ore, which attracts premium pricing. Low technical risk - simple mining, crushing and screening. Low capital cost with early payback expected. Highly promising potential for significant resource extension to extend mine life, with high-grade drill intersection located 1.6 kilometre along strike with no drilling in-between. Potential for active grade control at the mine to deliver higher Fe grades where surface sampling has indicated the extensive occurences of higher grades of iron than those currently assumed as average product grades in Strike's economic model. Strike moving immediately to feasibility study, targeting first production in third quarter 2020 and with approval process already underway.

28/11/2019

The securities of Strike Resources Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of SRK, pending the release of an announcement regarding the results of a scoping study.

27/11/2019

The securities of Strike Resources Limited will be reinstated to official quotation immediately following the release of an announcement.

14/12/2016

Strike Resources Limited is pleased to announce that it has entered into a Conditional Sale Agreement with a subsidiary of Chinese industrial and financial group Zhongrong Xinda Group Co. Ltd. to sell its Apurimac and Cusco Iron Ore Projects in Peru1 for US$10 million (~A$13.5 million).

14/12/2016

The securities of Strike Resources Limited will be suspended from official quotation immediately at the request of the Company, pending the release of an announcement.

14/12/2016

The suspension of trading in the securities of Strike Resources Limited (the "Company") will be lifted immediately following receipt of an announcement regarding the Company" Peruvian joint venture company Apurimac Ferrum S.A. Security Code: SRK

31/12/2012

The securities of Strike Resources Limited (the "Company") will be suspended from quotation immediately, at the request of the Company, pending the release of an announcement.

24/12/2012

The suspension of trading in the securities of Strike Resources Limited (the "Company") will be lifted immediately, following an announcement regarding the Apurimac Ferrum SA Shootout. Security Code: SRK

17/10/2012

requests that trading of the Company" listed securities (SRK shares) be suspended pending the release of a market announcement and provides further information

10/10/2012

The securities of Strike Resources Limited (the "Company") will be suspended from quotation immediately, at the request of the Company, pending the release of an announcement. Security Code: SRK

08/10/2012

the suspension of trading in the securities of Strike Resources Limited (the "Company") will be lifted immediately, following receipt of an announcement regarding a board restructure

04/02/2011

securities suspended from quotation pending release of an announcement

04/02/2011

shares reinstated to quotation

19/03/2009

securities suspended from quotation pending release of half year accounts

16/03/2009

securities suspended from quotation pending the finalisation of a capital raising

13/05/2008

shares reinstated to quotation

13/05/2008

we understand that on or about this date the company made an in specie distribution of 1 share in Alara Uranium Limited for every 5.394 shares in the company

10/12/2007

shares reinstated to quotation

05/07/2006

company provides Notice of a General Meeting to be held in The Forrest Centre, 221 St Georges Terrace, Perth, Western Australia at 10:30 am (Perth time) on Friday, 14 July 2006 - the purpose is to consider resolutions for the issue of options to directors, to enter into a deed with each of the directors and to issue shares to Sinarco Resources Pte Ltd

13/06/2006

company applies for the quotation of an additional 106,417 ordinary shares, the purpose of the issue being the exercise of 30 June 2008 Options by option-holders

13/06/2006

securities suspended from quotation pending an update about the Peruvian projects

08/06/2006

shares reinstated to quotation

23/02/2006

monthly cash flow for January 2006 reflects a deficit at operating level of $272k for the month

15/02/2006

company provides an updated Prospectus Pro-Forma Balance Sheet based on actual funds raised under the Prospectus dated 23 December 2005

10/02/2006

applies for the quotation of an additional 7.5m ordinary shares

09/02/2006

company advises it has successfully completed its $1.5 million capital raising under a prospectus issue which closed on 3 February 2006 - it is now in the process of seeking re-admission to quotation on ASX, which the Directors anticipate will occur early next week

06/02/2006

the company's constitution is released to the market

01/02/2006

name changed from Fast Scout Limited

25/01/2006

 

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ASX, Legal & CGT Status

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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
    20/05/2019William Johnson100,000$0.055$5,470
    13/06/2013William Johnson150,000$0.050$7,500
    15/04/2013William Johnson99,273$0.090$8,935

    Click here for the last 20 transactions all companies

    Directors & Executives (current)

    NAMETITLEDATE OF APPT
    Farooq KhanChairman03/09/1999
    William JohnsonManaging Director, CEO14/07/2006
    David PalumboCFO14/08/2013
    Matthew HammondNon Exec Director25/09/2009
    Victor HoNon Exec Director, Company Secretary24/01/2014

    Date of first appointment, title may have changed.

    Directors & Executives (former)

    NAMETITLEDATE OF APPOINTMENTDATE OF RESIGNATION
    Malcolm RichmomdIndependent Director25/10/200607/12/2023
    Samantha ToughIndependent Director23/01/201230/11/2015
    Ken HellstenManaging Director24/03/201021/01/2013
    David LimCFO09/12/200910/04/2012

    Date of first appointment, title may have changed.