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SUNSHINE GOLD LIMITED (SHN)

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

Former (or subsequent) names

 FROMTO
SUNSHINE METALS LIMITED10/07/2023
SUNSHINE GOLD LIMITED01/12/202010/07/2023
PELICAN RESOURCES LIMITED01/12/2020

Shareholder links

 

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: AU000000PEL0
Address: Unit 1 23 Mackley Street Garbutt QLD 4814
Tel:  + 61 8 6245 9828Fax: (08) 9443 2859

Date first listed: 25/01/2002

Sector: Materials Industry Group: XMJ
Activities: Mineral exploration

News & Events

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name changed to Sunshine Metals Limited

10/07/2023

The suspension of trading in the securities of Sunshine Gold Limited will be lifted immediately following the release by SHN of an announcement regarding a material acquisition and proposed capital raising

08/05/2023

The company releases a presentation in relation to the acquisition of Greater Liontown.

08/05/2023

The company releases a notice of proposed issue of securities.

08/05/2023

Sunshine Gold Ltd to acquire 100% of Greater Liontown (16 tenements, ~684kms2 ) for $3.25m in cash with a further $2m of cash payable on production milestones. Greater Liontown is adjacent to Sunshine's Ravenswood West project and located 35kms WSW of Charters Towers and 135kms from Sunshine's Townsville headoffice. Sunshine will control ~80% of the highly prospective Mt Windsor Volcanogenic Massive Sulphide horizon and ~1,760kms2 of highly prospective Au/Cu-Au ground. Strongly supported placement for $3.6m and existing cash of $2.15m (as at 31 March 2023) sees Sunshine fully funded for completion of the Acquisition and working capital.

08/05/2023

The securities of Sunshine Gold Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of SHN, pending the release of an announcement in relation to a capital raising.

05/05/2023

The suspension of trading in the securities of Sunshine Gold Limited will be lifted from the commencement of trading on Friday, 11 December 2020, following its re-compliance with Chapters 1 and 2 of the ASX Listing Rules.

10/12/2020

The company releases a presentation.

10/12/2020

At the $0.02 per share Offer Price the Company's market capitalisation is approximately $8.9 million. With $5.0 million in cash, the Company is well funded to make a significant impact on its highly prospective projects. Sunshine Gold's wholly owned subsidiary XXXX Gold Pty Ltd has been active in the lead up to ASX listing. Recent activities are as follows: 7,500m RC drilling program now underway at Triumph Gold Project, including: first ever effective drill testing 494m of geochemical and geophysical target at Bonneville prospect completed; and commencement of a 50 hole, 4,000m planned infill and extensional drilling at Bald Hill prospect; detailed drone survey completed over the northern Triumph prospects; detailed drone survey completed over Elephant Creek and Peninsula prospects at the Hodgkinson Gold Project; completion of the Hodgkinson acquisition; completion of an airborne magnetic survey over Hodgkinson. The following are the planned activities. Commencement of a 7,000m RC drilling program at Triumph including: completion of the 4,000m Bald Hill West infill and Bald Hill Central extensional RC drilling program; and completion of 3,000m of RC drilling programs over the Super Hans, Big Hans and New Constitution prospects. Completion of detailed drone surveys over the southern Triumph prospects. Interpretation of airborne magnetic survey and integration into targeting models at Hodgkinson.

10/12/2020

The company releases the following: Appendix 1A and Information Form and Checklists, Constitution, Employee Securities Incentive Plan, XXXX Gold Pty Ltd Accounts to 30 June 2020, Securities Trading Policy, Top 20 Holders, Pre-Reinstatement Disclosure.

09/12/2020

The securities of Sunshine Gold Limited is expected to be reinstated to Official Quotation at the commencement of trading at 10:09:00 AEDT on Friday, 11 December 2020, following its re-compliance with Chapters 1 and 2 of the ASX Listing Rules. SHN raised $2,026,845 pursuant to the offer under its prospectus dated 25 September 2020 by the issue of 101,342,244 shares at an issue price of $0.02 per share.

09/12/2020

name changed from Pelican Resources Limited

01/12/2020

 

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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
    02/05/2022Anthony Torresan980,869$0.040$38,963
    14/01/2021Les Davis400,000$0.060$24,062
    13/01/2021Anthony Torresan758,749$0.058$43,724
    12/01/2021Paul Chapman555,000$0.055$30,300
    12/01/2021Anthony Torresan226,292$0.056$12,583

    Click here for the last 20 transactions all companies

    Directors & Executives (current)

    NAMETITLEDATE OF APPT
    Damien KeysManaging Director24/11/2020
    Paul ChapmanNon Exec Director24/11/2020
    Anthony TorresanNon Exec Director25/03/2015
    Les DavisNon Exec Director24/11/2020
    Alec PismirisDirector, Company Secretary25/03/2015

    Date of first appointment, title may have changed.

    Directors & Executives (former)

    NAMETITLEDATE OF APPOINTMENTDATE OF RESIGNATION
    Colin ChenuDirector29/06/201524/11/2020
    John HillsDirector, CEO18/02/199429/06/2015
    John PalermoChairman19/03/200831/03/2015
    Mike BueNon Exec Director12/10/201025/03/2015
    Stuart BellCEO12/01/201111/01/2012
    Doug GreenDirector01/12/201101/12/2011

    Date of first appointment, title may have changed.