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VITAL METALS LIMITED(VML)

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ASX, Legal & CGT Status

SHARE PRICES

(updated at weekends)

Former (or subsequent) names

 

Shareholder links

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

 

REGISTRY:

Automic Registry Services 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: AU000000VML1
Address: Level 5, 56 Pitt Street, Sydney NSW 2000
Tel:  +61 2 8823 3100 Fax: +61 2 8004 8241

Date first listed: 11/10/2005
Company Secretary: Louisa Martino
Sector: Materials Industry Group: XMJ
Activities: Specialist tungsten and tungsten/molybdenum explorer and aspiring mine operator

News & Events

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The suspension of trading in the securities of Vital Metals Limited will be lifted immediately, following the release by VML of an announcement regarding.

25/06/2019

Vital to acquire Cheetah Resources, an unlisted REE business currently run by ex Lynas management with substantial rare earth experience. Cheetah's business plan is to supply a high purity mixed rare earth feedstock to established thirdparty rare-earth oxide (REO) separation facilities and refiners, rather than end users. The plan has been designed to result in lower Capex and shortened lead times to production to capture the expected increase in demand for REOs. Cheetah has agreements in place to acquire two significant REO projects. Thor Lake Rare Earth Project (Canada) (acquire 100%, surface to 150m above sea level rights). Wigu Hill Project in (Tanzania) (purchase of rare earths Intellectual Property with project development and option agreement to acquire up to 74% by funding to a mining stage). Transaction fully funded by Vital (cash on hand of $14.6 million as at March 31 2019). Global demand for rare earths is growing on the back of demand for EV and clean power generation.

25/06/2019

The securities of Vital Metals Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of VML, pending the release of an announcement regarding a material acquisition.

19/06/2019

securities reinstated to quotation

21/01/2010

securities suspended from quotation immediately, at the request of the Company, pending the release of an announcement by the Company

20/01/2010

securities to be reinstated to quotation on Monday 4 May

01/05/2009

the company is to team up with Aragon Resources Limited to take advantage of opportunities in tungsten mining in far North Queensland - Aragon, in a two part funding process, will become Vital's major shareholder and will provide its cash requirements of up to $936,250, for the medium term

15/04/2009

the company has been in advanced discussions with a number of parties to determine its future funding position - however those discussions have taken longer than anticipated - the finalisation of the 31 December 2008 financial statements is also dependant on the outcome of those discussions - the company does not have an exact date for finalisation of these matters - the market will be advised should these dates be determined

06/04/2009

securities suspended from quotation immediately, at the request of the Company, pending the release of an announcement by the Company

16/03/2009
OFX Transferring Money Internationally to Free

 

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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
    17/12/2019Phillip Coulson5,000,000$0.012$60,000
    17/12/2019Zane Lewis8,000,000$0.012$96,000
    16/12/2019Evan Cranston15,000,000$0.012$180,000
    02/05/2019Peter Cordin2,812,500$0.008$22,500
    02/05/2019Francis Harper2,812,500$0.008$22,500

    Click here for the last 20 transactions all companies

    Directors & Executives (current)

    NAMETITLEDATE OF APPT
    Evan CranstonNon Exec Chairman22/10/2019
    Geoff AtkinsManaging Director22/10/2019
    Tony HadleyCOO04/03/2020
    Ian HobsonCFO01/08/2012
    Louisa MartinoCFO01/07/2020
    James HendersonNon Exec Director05/08/2020

    Date of first appointment, title may have changed.

    Directors & Executives (former)

    NAMETITLEDATE OF APPOINTMENTDATE OF RESIGNATION
    Phillip CoulsonNon Exec Director07/01/201921/12/2020
    Francis HarperNon Exec Chairman15/05/201705/08/2020
    Zane LewisNon Exec Director06/02/201905/08/2020
    Peter CordinNon Exec Director07/09/200925/09/2019
    Mark StrizekManaging Director, CEO07/10/201124/01/2019
    Andrew SimpsonNon Exec Director23/02/200516/11/2018
    David MacoboyChairman05/01/201002/07/2018
    Douglas StewartNon Exec Director30/05/201116/07/2013

    Date of first appointment, title may have changed.