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SUMMIT MINERALS LIMITED (SUM)

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ASX, Legal & CGT Status

Former (or subsequent) names

 

Shareholder links

Our website ranking of SUM: rating 3
(3 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: AU0000222895
Address: 283 Rokeby Road Subiaco WA 6008


Date first listed: 05/08/2022

Activities: Mineral exploration company

News & Events

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The suspension of trading in the securities of Summit Minerals Limited will be lifted immediately, following the release by SUM of an announcement in relation to an acquisition.

23/04/2024

The company releases a notice of proposed issue of securities.

23/04/2024

Summit has entered into a binding purchase agreement to acquire 100% of JUAZEIRINHO, EQUADOR, ARATAPIRA, SANTA SOUSA, T1/T2 & HERCULES NORTH & SOUTH Projects situated in the mining friendly and commodity-rich states of Minas Gerais & Paraiba.

23/04/2024

The securities of Summit Minerals Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of SUM, pending the release of an announcement regarding an acquisition.

18/04/2024

The suspension of trading in the securities of Summit Minerals Limited will be lifted immediately following the release by SUM of an announcement regarding a strategic acquisition.

22/02/2024

Stallion Uranium endowment grows to 7 Mlb U3O8 from 3.3Mlb adding 3.7 Mlb U3O8 with the addition of the Highway and Shelf uranium deposits. Summit adds three exploration applications to the project: E28/3429, E28/3426 and E39/2469, located between Manhattan's Double 8 and Deep Yellow's Mulga Rock uranium deposits in the prospective Ponton Creek region. The applications also capture drill-indicated mineralisation at Narnoo and East Arm. Summit's land holdings in the highly prospective region increase to 361 km2 from 196 km2. The Stallion Uranium Project resource restatement and project expansion targeted for the first half of 2024.

22/02/2024

The securities of Summit Minerals Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of SUM, pending the release of an announcement regarding a strategic acquisition.

21/02/2024

The suspension of trading in the securities of Summit Minerals Limited will be lifted immediately, following the release by SUM of an announcement in relation to a project acquisition and capital raising.

13/07/2023

The company releases a notice of proposed issue of securities.

13/07/2023

Binding option agreement to acquire 80% of the Castor Lithium Project, with a landholding over 118km² in the prolific James Bay lithium district of Québec, Canada. Castor is within the northern portion of the Yasinski Lake Greenstone Belt. Q2 Metals' Mia Lithium Project (18 grab samples averaging 2.65% with results of up to 4.37% Li20) and Ophir Gold's (TSX-V: OPHR) Radis Lithium Project (rock chips up to 2.33% Li20)2 are within the same greenstone belt. The Project covers an impressive 33km strike length of the Yasinski Lake Greenstone Belt and hosts several mapped pegmatite occurrences. The Project lies close to major infrastructure, with its southwestern portion located on the allweather James Bay Rd, is 30km from the Grand River Airport and is 60Km from the town of Radisson. James Bay is a world-class lithium-pegmatite district and host to significant projects, such as: Allkem's James Bay Deposit (ASX: AKE; 40.3Mt at 1.4% Li2O); Nemaska's Whabouchi Deposit (TSE: NMX, 36.6Mt at 1.3% Li2O); Patriot Battery Metals developing Corvette Property. Project vendors include: DG Resource Management "“ previously identified, acquired, and vended the original Corvette Property to Patriot Battery Metal's predecessor; Mining entrepreneur Kal Malhi of Bullrun Capital. Dahrouge Geological Consulting have been contracted to provide management and exploration services for the inaugural field program. The Company's 2023 exploration program has been fully funded through a heavily oversubscribed $1.5M placement (before costs) to institutional and sophisticated investors.

13/07/2023

The securities of Summit Minerals Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of SUM, pending the release of an announcement in relation to a project acquisition and capital raising.

12/07/2023

listed entity carried for record purposes only

05/08/2022

 

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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
    14/02/2024Jiahe He20,000$0.076$1,520
    09/02/2024Peretz Schapiro100,000$0.073$7,300
    08/02/2024Jiahe He20,000$0.079$1,580
    07/02/2024Bishoy Habib82,740$0.085$6,996
    01/02/2024Bishoy Habib208,000$0.074$15,392

    Click here for the last 20 transactions all companies

    Directors & Executives (current)

    NAMETITLEDATE OF APPT
    Peretz SchapiroChairman05/08/2022
    Jiahe HeManaging Director, CEO13/10/2023
    Bishoy HabibNon Exec Director13/06/2023
    Jay StephensonCompany 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
    Stephen RossNon Exec Director05/08/202207/02/2024
    Jonathan KingGeneral Manager05/08/202216/06/2023

    Date of first appointment, title may have changed.