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Our website ranking of VMC: rating 4
(4 out of 5)



Automic Group Level 5, 126 Phillip Street Sydney NSW 2000

Tel : +61 (2) 8072 1400 or 1300 288 664 (within Australia)
Fax :
RegistryWebsite RegistryEmail

Company details

ISIN: AU000000VMC0
Address: Unit 2, 8 Alvan Street Subiaco WA 6008 Australia
Tel:  +61 8 9321 7541 Fax: (08) 9486 9587

Date first listed: 12/06/2007
Company Secretary: Dean Calder
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.


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.


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


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.


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.


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.


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.


name changed from Venus Resources Limited



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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

    12/04/2019Barry Fehlberg20,000$0.131$2,615
    10/04/2019Barry Fehlberg35,000$0.168$5,892
    06/03/2019Matthew Hogan90,056$0.120$10,807
    05/09/2018Alan Birchmore500,000$0.201$100,550
    11/07/2018Matthew Hogan110,000$0.166$18,237

    Click here for the last 20 transactions all companies

    Directors & Executives (current)

    Peter HawkinsChairman29/07/2019
    Matthew HoganManaging Director22/12/2006
    Barry FehlbergNon Exec Director27/10/2011
    Kumar ArunachalamExecutive Director, CEO15/07/2011

    Date of first appointment, title may have changed.

    Directors & Executives (former)

    Alan BirchmoreNon Exec Chairman, Independent Director08/08/201131/07/2019
    Terence HoganNon Exec Director18/01/200701/05/2018
    Patrick TanCFO01/09/201130/09/2013

    Date of first appointment, title may have changed.