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TITANIUM SANDS LIMITED (TSL)

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

 

REGISTRY:

Computershare Perth
Level 17, 221 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: AU000000TSL2
Address: Level 8, London House 216 St Georges Terrace, Perth WA 6000
Tel:  +61 (08) 9481 0389Fax: +61 (08) 9463 6103

Date first listed: 22/12/1988

Sector: Materials Industry Group: XMJ
Activities: Exploration for Mineral Sands

News & Events

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The suspension of trading in the securities of Titanium Sands Limited will be lifted immediately, following the release by TSL of an announcement in relation to a capital raising.

13/07/2023

The company releases a notice of proposed issue of securities.

13/07/2023

The Company releases a prospectus for a pro-rata non-renounceable entitlement issue of one (1) Share for every five (5) Shares held by those Eligible Shareholders registered at the Record Date at an issue price of $0.005 per Share, together with one (1) New Option for every one (1) Share applied for and issued, to raise up to $1,406,397.85 (based on the number of Shares on issue as at the date of this Prospectus). This Prospectus also contains an offer of 10,000 Shares at an issue price of $0.005 per Share to raise up to $50.

13/07/2023

TSL receives firm commitments from sophisticated and professional investors for a placement of shares at $0.005 to raise $1.1 million (before costs). TSL will also conduct a non-renounceable rights issue of shares at $0.005 on the basis of 1 share for every 5 shares held by eligible shareholders to raise an additional $1.4 million (before costs). 1 free attaching option (ex. $0.023, exp 16/02/26) to be issued for every share subscribed for and issued to applicants under the placement and entitlement issue, subject to shareholder approval. Major shareholder lenders under TSL facilities to convert $400K on same terms as placement. TSL appoints additional in-country consultant, Global Projects Connect (Private) Limited, to assist with securing the requisite approvals and land access agreements over the Mannar Island Project high-grade zone to facilitate completion of the EIA process.

13/07/2023

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

11/07/2023

The suspension of trading in the securities of Titanium Sands Limited will be lifted immediately following the release by TSL of an announcement regarding a material joint venture agreement.

02/05/2023

The company releases a notice of proposed issue of securities.

02/05/2023

TSL has signed a binding term sheet to acquire James Global (Pvt) Ltd, which is an associate company of JAT Holdings PLC, subject to various conditions being satisfied. JAT Holdings PLC is a Colombo Stock Exchange listed company, which has various businesses including supplying finishing and furnishing solutions including coatings and paints and accessories to local and international markets and the direct sourcing of titanium dioxide based pigments used its products. James Global (Pvt) Ltd, holds heavy mineral sand exploration tenure on the NE Coast of Sri Lanka. TSL intends to engage JAT Holdings PLC as its in-country partner to assist with TSL's Sri Lankan activities. JAT Holdings PLC Managing Director Aelian Gunawardene will be appointed to the board of TSL as Non-Executive Director. JAT Holdings PLC is a significant importer of TiO2 based pigment for coatings manufacture and the proposed transaction represents a synergistic fit with TSL.

02/05/2023

The Company requests that the voluntary suspension ends on the date of the release of the anticipated announcement in relation to a material joint venture agreement, in any case no later than the commencement of trading on Wednesday, 3 May 2023.

01/05/2023

The company lodges its Quarterly Activities Report and Appendix 5B.

28/04/2023

The securities of Titanium Sands Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of TSL, pending the release of an announcement regarding a material joint venture agreement.

27/04/2023

The suspension of trading in the securities of Titanium Sands Limited will be lifted immediately following the release by TSL of an announcement regarding a resource update at the Mannar Island Project.

15/03/2023

An updated Mineral Resource Estimate has been completed for the Mannar Heavy Mineral Project in Sri Lanka. The objective of the drilling program was achieved, as the Indicated resource percentage in the high-grade zone increased by 2.4 times. Total MRE for the project has increased to 318Mt @ 4.17% THM up from the previous 265Mt @ 4.38% THM "“ an increase of 20% overall. The updated MRE in the high-grade zone (Domains 2 and 8) has increased 57% from 92.6Mt to 145.6Mt. The Indicated resource component in the reportable high-grade zone has now increased to 75% from the previous 31% (2.4 times). The increased Indicated resource will provide sufficient basis for the forthcoming scoping study.

15/03/2023

The company releases a notification of cessation of securities.

13/03/2023

The securities of Titanium Sands Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of TSL, pending the release of an announcement regarding a resource update at the Mannar Island Project.

13/03/2023

The suspension of trading in the securities of Titanium Sands Limited will be lifted immediately following the release by TSL of an announcement regarding a capital raising.

02/08/2022

The company issues a notice of proposed issue of securities.

02/08/2022

The company has received firm commitments from sophisticated investors to raise $1,500,000 via a placement of 136,363,637 ordinary shares at an issue price of $0.011 per share.

02/08/2022

The securities of Titanium Sands Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of TSL, pending the release of an announcement regarding a capital raising.

01/08/2022

The suspension of trading in the securities of Titanium Sands Limited will be lifted immediately following the release by TSL of an announcement regarding the commencement of exploration works.

04/01/2022

The infill and extension drilling exploration program on TSL's heavy mineral project in Sri Lanka has commenced under the management of the Geological Survey and Mines Bureau Technical Services Division.

04/01/2022

Official engagement of GSMB Technical Services. GSMB to manage the next phase drilling program through to completion. Drilling program involves approximately 304 holes. Once commenced, program to take approximately 7 weeks.

23/12/2021

EL351 renewed by GSMB for a further two-year term. All of TSL's 5 key exploration licenses are current.

22/12/2021

The Company has this week appointed an in-country Manager of Operations, Sri Lankan National Mr Dilruk Galagoda. Mr Galagoda will oversee the Company's proposed next stage drilling exploration program, commencement of which is a requirement of ASX Management for TSL to be reinstated to trading on the ASX. The ASX voluntary suspension that began on Friday 23rd April 2021 in respect of TSL shares will remain in place until ASX approval to recommence trading is given, on or around the disclosure and commencement of the next phase drilling program on Mannar Island.

02/12/2021

TSL tenure renewed. GSMB re-opens after forced Covid lockdown. All of TSL's 5 key exploration licenses are current. TSL to move towards Mining License on advice from Ministry of Environment. ASX management have advised TSL will remain in suspension until commencement of drilling at Mannar Island. The proposed 300 hole drill program. Remaining drilling exploration to be finalised as soon as Covid restrictions and weather conditions on Mannar Island allow.

24/11/2021

The company releases the results of its meeting.

23/11/2021

The Company requests that the voluntary suspension ends on the date of the release of the anticipated announcement, in any case no later than the commencement of trading on Monday, 29 November 2021.

22/11/2021

The company requests that the voluntary suspension ends on the date of the release of the anticipated announcement on the Mannar Island Project in Sri Lanka, in any case no later than the commencement of trading on Monday, 22 November 2021.

15/11/2021

The Company requests that the voluntary suspension ends on the date of the release of the anticipated announcement on the Mannar Island Project in Sri Lanka, in any case no later than the commencement of trading on Monday, 15 November 2021.

01/11/2021

The company lodges its Quarterly Activities Report and Appendix 5B.

01/11/2021

The company releases a letter to its shareholders regarding its AGM.

25/10/2021

The company's AGM will be held at Level 11, 216 St Georges Terrace Perth, Western Australia on 23 November 2021 commencing at 11am (WST).

25/10/2021

The Company requests that the voluntary suspension ends on the date of the release of the anticipated announcement on the Mannar Island Project in Sri Lanka, in any case no later than the commencement of trading on Monday, 1 November 2021.

04/10/2021

The company lodges the following: Annual Report to shareholders and Appendix 4G and Corporate Governance Statement.

30/09/2021

The Company requests that the voluntary suspension ends on the date of the release of the anticipated announcement on the company's Mannar Island Project in Sri Lanka, in any case no later than the commencement of trading on Monday, 4 October 2021.

06/09/2021

The Company requests that the voluntary suspension ends on the date of the release of the anticipated announcement, in any case no later than the commencement of trading on Monday, 6 September 2021.

06/08/2021

The company has been advised by its representatives in Sri Lanka that the appeal regarding EL327 and EL328 has recently been heard at the Ministry of Environment with a formal decision in writing pending.

23/07/2021

The company requests that the voluntary suspension ends on the date of the release of the anticipated announcement, in any case no later than the commencement of trading on Friday, 6 August 2021.

09/07/2021

The Company requests that the voluntary suspension ends on the date of the release of the anticipated announcement, in any case no later than the commencement of trading on Friday, 9 July 2021.

11/06/2021

The Company requests that the voluntary suspension ends on the date of the release of the anticipated announcement on the Company's Mannar Island Project in Sri Lanka, in any case no later than the commencement of trading on Friday, 11 June 2021.

14/05/2021

The Geological Survey and Mines Bureau (GSMB) of Sri Lanka renewed Exploration license EL370 for a further two year period from the 4th of May 2021. The license is held by Kilsythe Exploration Pvt Ltd a Sri Lankan company and is part of the company's Mannar island Heavy Mineral Sand Project. The GSMB declined applications for renewal of licences EL327 and EL328. The Covid-19 situation in Sri Lanka has in recent times rapidly deteriorated with new infections doubling in the last week from around 1,000 to 2,000 cases per day. Government agencies in Colombo are particularly affected by infections, contact quarantine and directives for most staff to remain away from work. Thi had the effect of closing the GSMB until further notice, leaving the company uncertain as to the effect this will have on both the appeals and the extension of the tenements which are presently outstanding.

06/05/2021

The company lodges its Quarterly Activities Report and Appendix 5B.

03/05/2021

The company requests the voluntary suspension be extended pending an update on the company's Mannar Island Project in Sri Lanka. The company requests that the voluntary suspension ends on the date of the release of the anticipated announcement, in any case no later than the commencement of trading on Friday, 14 May 2021.

30/04/2021

The securities of Titanium Sands Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of TSL, pending the release of an announcement regarding an update on TSL's Mannar Island Project.

23/04/2021

The suspension of trading in the securities of Titanium Sands Limited ("˜TSL') will be lifted from 10:09:00am AEDT (+/-15 seconds) on Tuesday 18 December 2018 following re-compliance with chapters 1 and 2.

18/12/2018

The securities of Titanium Sands Limited will be reinstated to Official Quotation at the commencement of trading in Group 5 at 10:09:00 am AEDT (+/- 15 seconds) on Tuesday, 18 December 2018, following its recompliance with Chapters 1 and 2 of the ASX Listing Rules. TSL raised $6,000,000 pursuant to the offer under its prospectus dated 29 March 2018, its supplementary prospectus dated 21 June 2018 and its second supplementary prospectus dated 19 September 2018 by the issue of 300,000,000 shares at an issue price of $0.02 per share.

14/12/2018

The company announced its acquisition of Srinel Holdings Limited pursuant to the Option Agreement with Cuprum Holdings Limited

12/12/2018

The company releases the results of its AGM.

29/11/2018

The company lodges a Quarterly Report and Appendix 5B.

31/10/2018

The company releases a notice of AGM and explanatory statement. The AGM will be held at the offices Trident Capital, Level 24, 44 St George's Terrace, Perth, Western Australia on 29 November 2018 commencing at 10.00am (WST).

29/10/2018

CPS Capital Group has been appointed as lead manager and broker to the capital raising. As per the timetable included in the Second Supplementary Prospectus, Titanium Sands expects to be reinstated to the ASX on or about the 31 October 2018.

19/09/2018

The company releases a second supplementary prospectus intended to be read with the prospectus dated 29 March 2018 and the supplementary prospectus dated 21 June 2018 of the offer of up to 300,000,000 Shares at an issue price of $0.02 each to raise $6,000,000 before costs. In addition, the Company is offering up to 80,595,239 Shares to the Seller (and/or its nominees) under the Seller Offer and approximately 5,034,057 Shares to the Creditors under the Creditor Offer.

19/09/2018

The board has resolved to extend the closing date of acceptance of applications under the prospectus to 21 September 2018.

31/08/2018

Under Listing Rule 17.6, any entity (if not already suspended) that has not paid its annual listing fees by close of business on Tuesday, 21 August 2018 will have its securities suspended from official quotation before the commencement of trading on Wednesday, 22 August 2018. In accordance with Listing Rule 16.5, entities that pay their annual listing fees after Tuesday, 21 August 2018 must pay by bank cheque only. Under Listing Rule 17.15, any entity that has not paid its annual listing fees as required by Listing Rule 16.5 by 5.00 pm AEST on Tuesday, 28 August 2018 will be removed from the Official List with effect from the close of trading on Tuesday, 28 August 2018.

22/08/2018

Following a scheduled ASX internal system change affecting the Market Announcements Platform, it has been necessary to re-apply the "˜Suspend' session state. This announcement serves to re-confirm the securities of this entity remain suspended.

06/08/2018

The company lodges its Quarterly Report and Appendix 5B.

31/07/2018

The board has resolved to extend the Closing Date for acceptance of applications under the Prospectus to 31 August 2018.

31/07/2018

The company releases its Corporate Governance Statement.

02/07/2018

The company issues a supplementary prospectus intended to be read with the prospectus dated 29 March 2018 in respect of the offer of up to 300,000,000 Shares at an issue price of $0.02 each to raise up to $6,000,000 before costs.

21/06/2018

The board has resolved to extend the closing date for acceptance of applications under the company's prospectus dated 29 March 2018 to 22 June 2018.

07/06/2018

The Board of Titanium Sands Ltd has resolved to extend the Closing Date for acceptance of applications under the Company's Prospectus dated 29 March 2018 to 8 June 2018.

10/05/2018

The company lodges its Quarterly Report and Appendix 5B.

30/04/2018

The company releases a prospectus for an offer of 300,000,000 Shares at an issue price of $0.02 each to raise $6,000,000 before costs.

29/03/2018

The company lodges its Half Yearly Report and Accounts.

15/03/2018

The Sri Lankan Geological and Mines Bureau has granted two further exploration licenses, EL371 and EL372, covering 53 km2 adjoining the existing tenure at the Mannar Island Heavy Mineral Sands Project to Hammersmith Ceylon. The tenure is for an initial period of two years and is renewable subject to demonstration of satisfactory progress.

01/03/2018

we understand that on or about this date the company consolidated its shares 1 for 3

06/02/2018

Shareholder approval was received at the Annual General Meeting held on 24 January 2018 in regard to the consolidation of the company's securities.

31/01/2018

The company lodges its Quarterly Report and Appendix 5B.

31/01/2018

The vendor of the Mannar Island Heavy Mineral Sands Project, Srinel Holdings Ltd, has advised Titanium Sands Ltd that laboratory results for a further 477 hand auger drill holes have been received from the Mannar Island Project in Sri Lanka. A total of 384 of these drill holes intersected significant heavy mineral concentrations.

30/01/2018

The company provides an update on the consolidation of its securities. Shareholder approval received was at the Annual General Meeting held on 24 January 2018

24/01/2018

The company releases the results of its meeting. All resolutions were passed on a show of hands including Resolution 3 which was passed as a special resolution.

24/01/2018

The Sri Lankan Geological and Mines Bureau has granted a 40 square kilometre exploration license EL/370* that is part of the Mannar Island heavy mineral sand project to Kilsythe Exploration Ltd.

23/01/2018

The company releases a notification of consolidation of its shares. Shareholders get 1 share for every 3 presently owned.

22/12/2017

The company's Annual General Meeting will be held at Trident Capital, Level 24, 44 St Georges Terrace, Perth, Western Australia on 24 January 2018 commencing at 10.00am (WST).

21/12/2017

The company lodges its Quarterly Report and Appendix 5B.

31/10/2017

The vendor of the Mannar Island project has received assay results from 382 drill holes which outline nearly continuous heavy mineral concentration over a strike length of 12km and a cross strike width of up to 3km. The heavy mineral zone has no overburden and extends down to the depth limit of the drilling at the water table. Individual drill hole weighted averages are up to 22% THM (total heavy minerals) and numerous plus 8% drill hole averages occur in high grade zones.

30/10/2017

ASIC has granted the company an extension of time to hold its AGM for the financial year ended 30 June 2017. The extension allows the company to hold its AGM by 31 January 2017.

25/10/2017

The company releases its Appendix 4G.

29/09/2017

The company lodges its Annual Report 2017.

29/09/2017

The agreement to acquire 100% of the issued share capital of Srinel Holdings from Cuprum Holdings has been further amended by a DOCA.

28/09/2017

The company lodges its Quarterly Report and Appendix 5B.

28/07/2017

The company has raised $300,000 by way of a sophisticated investor placement of 42,857,142 fully paid ordinary shares at $0.007 per share. One free attaching option will be issued for every one placement share subscribed for subject to shareholder approval.

17/07/2017

The company lodges its Quarterly Report and Appendix 5B.

28/04/2017

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

20/03/2017

name changed from Windimurra Vanadium Limited

06/12/2016

 

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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
    12/09/2022Lee Christensen2,140,000$0.013$27,638

    Click here for the last 20 transactions all companies

    Directors & Executives (current)

    NAMETITLEDATE OF APPT
    Lee ChristensenChairman16/04/2015
    James SearleManaging Director03/03/2016
    Jason FerrisDirector31/07/2014
    Alan ArmstrongCompany Secretary

    Date of first appointment, title may have changed.

    Directors & Executives (former)

    NAMETITLEDATE OF APPOINTMENTDATE OF RESIGNATION
    Graham ChapmanNon Exec Director21/01/201517/11/2016
    Ryan RockwoodNon Exec Director21/01/201524/11/2015
    Paul PriceChairman30/07/201216/04/2015
    Dennis OngDirector30/07/201221/01/2015
    Paula CowanDirector30/07/201201/08/2014
    Iain ScottManaging Director19/04/200720/10/2009
    Guy WarwickNon Exec Director14/05/199102/10/2009

    Date of first appointment, title may have changed.