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VENUS METALS CORPORATION LIMITED (VMC)

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ASX, Legal & CGT Status

Former (or subsequent) names

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Our website ranking of VMC: rating 4
(4 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: AU000000VMC0
Address: Unit 2, 8 Alvan Street Subiaco WA 6008 Australia
Tel:  +61 8 9321 7541Fax: (08) 9486 9587

Date first listed: 12/06/2007

Sector: Materials Industry Group: XMJ
Activities: Exploration for diamonds

News & Events

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The suspension of trading in the securities of Venus Metals Corporation Limited will be lifted from the commencement of trading today, Monday, 28 May 2018, following the release of an announcement regarding an acquisition and capital raising.

28/05/2018

The Directors of VMC are pleased to announce that VMC has entered into 2 option agreements to enable it to purchase the historical Youanmi Gold Mine, and all associated infrastructure and mine village. The Youanmi Gold Mine options present Venus with an excellent advanced opportunity with significant open cut gold and high grade underground gold resources with near term cash flow potential.

28/05/2018

The company releases a cleansing notice regarding the completion of tranche 1 of placement of 3,400,000 fully paid ordinary shares.

28/05/2018

The company has decided to offer existing eligible shareholders the opportunity to participate in a Share Purchase Plan. The SPP will offer each shareholder, as at 5pm WST on Friday, 25 May 2018, with a registered address in Australia or New Zealand, the opportunity to apply for up to A$15,000 worth of new ordinary fully paid shares, at the same price as the placement announced earlier today, being A$0.12 per Share, to raise up to a maximum of only A$400,000. Funds raised under the SPP will be used for exploration, due diligence and general working capital.

28/05/2018

The company has completed a private placement to professional and sophisticated investors of 3,400,000 new ordinary fully paid shares at A$0.12 per Share, raising A$408,000 before costs. The Placement Tranche 1 Shares have been issued on 24 May 2018. The Company has also received additional applications from directors, for a second tranche of up to 1,600,000 Shares at A$0.12 per share, to raise up to an additional approximately A$192,000, before costs.

28/05/2018

It is expected that VMC's ordinary shares and options will be suspended until the announcement of the transaction is finalised, which is expected to occur by the open of trading on 28 May 2018.

25/05/2018

The securities of Venus Metals Corporation Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of the Company, pending the release of an announcement regarding a potential significant gold transaction.

23/05/2018

name changed from Venus Resources Limited

07/05/2010

 

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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
    17/04/2025Matthew Hogan200,000$0.101$20,138
    09/04/2025Matthew Hogan72,851$0.094$6,838
    22/10/2024Matthew Hogan23,020$0.050$1,151
    21/10/2024Matthew Hogan891,372$0.053$46,769
    17/10/2024Matthew Hogan75,000$0.055$4,091

    Click here for the last 20 transactions all companies

    Directors & Executives (current)

    NAMETITLEDATE OF APPT
    Peter HawkinsNon Exec Chairman29/07/2019
    Matthew HoganManaging Director22/12/2006
    Patrick TanCFO, Company Secretary01/09/2011
    Simon CoxhellNon Exec Director03/03/2025
    Kumar ArunachalamExecutive Director, CEO15/07/2011

    Date of first appointment, title may have changed.

    Directors & Executives (former)

    NAMETITLEDATE OF APPOINTMENTDATE OF RESIGNATION
    Barry FehlbergNon Exec Director27/10/201103/03/2025
    Alan BirchmoreNon Exec Chairman, Independent Director08/08/201131/07/2019
    Terence HoganNon Exec Director18/01/200701/05/2018

    Date of first appointment, title may have changed.