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VOLT RESOURCES LIMITED (VRC)

Listed on ASX

SHARE PRICES

Former (or subsequent) names

 FROMTO
VOLT RESOURCES LIMITED01/04/2016
MOZAMBI RESOURCES LTD16/12/201401/04/2016
MOZAMBI COAL LIMITED25/02/201116/12/2014
RTL CORPORATION LIMITED23/05/200825/02/2011
RITRACT LIMITED23/05/2008

Shareholder links

Our website ranking of VRC: rating 4
(4 out of 5)
COMPANY WEBSITE:

 

REGISTRY:

Advanced Share Registry Services, 110 Stirling Hwy, Nedlands WA 6009

Tel : +61 8 9389 8033
Fax : +61 8 9262 3723
RegistryWebsite RegistryEmail

Company details

ISIN: AU000000VRC9
Address: Level 25, Suite 10 108 St Georges Terrace Perth WA 6000 Australia
Tel:  +61 (08) 9486 7788 Fax: +61 (08) 9463 6103

Date first listed: 19/12/2003
Company Secretary: Susan Hunter
Sector: Energy Industry Group: XEJ
Activities: Base Metal and Coal Exploration

The suspension of trading in the securities of Volt Resources Limited will be lifted immediately, following the release by VRC of an announcement regarding an acquisition of a mining project.

21/05/2020

Binding Term Sheet signed for the conditional acquisition of an 85% interest in the advanced Luiri Hills Gold Project in Zambia. The Luiri Hills Gold Project is an advanced project with Metallurgical and Mineral Resource studies and significant other work undertaken by credible international consultants with over US$20 million expended on the project to date. Minimal work expected to be required to update existing studies and to progress with required development approvals to a "˜Decision to Mine'. Opportunity to build on Volt's long-standing relationship with Chinese Engineering and Construction group, Yantai Xinhai, who previously proposed a funded BOOT gold plant development plan for the Project development. Potential to realise funds from stockpiled gold bearing ore. Acquisition remains subject to completion of due diligence.

21/05/2020

The securities of Volt Resources Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of VRC, pending the release of an announcement regarding an acquisition of a mining project.

20/05/2020

The securities of Volt Resources Limited will be reinstated to official quotation immediately following the release of an announcement regarding legislative changes in Tanzania.

07/07/2017

The Board and Management believe the legislative changes currently passed by the Tanzanian parliament would not cause or prevent Volt from progressing with its current business strategy and plans for the development of the Namangale project.

07/07/2017

Volt raises $1 million from institutional and sophisticated investors through a 12-month convertible loan facility at a conversion price of $0.05 which is at a substantial premium to the prevailing share price. The interim funding measure while development funding for Stage 1 project is secured.

07/07/2017

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

05/07/2017

The suspension of trading in the securities of Volt Resources Limited will be lifted immediately following lodgement of an announcement regarding a PreFeasibility Study.

15/12/2016

Volt Resources Limited's is delighted to announce the release of its Pre-Feasibility Study which confirms strong technical and financial viability of the Namangale Project in south-east Tanzania, with an 87% IRR and pre-tax NPV of US$1.31B.

15/12/2016

The securities of Volt Resources Limited will be suspended from official quotation immediately at the request of the Company, pending the release of an announcement regarding a PreFeasibility Study on the Namangale Project.

15/12/2016

name changed from Mozambi Resources Ltd

01/04/2016

ASX Announcements (courtesy of ASX)

 

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    Directors' on-market share transactions (last 5)

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    Purchases Sales

    DATEDIRECTORNUMBERPRICEAMOUNT
    21/11/2019Jack Fazio850,000$0.012$10,200
    14/11/2017Asimwe Kabunga805,000$0.020$16,100
    07/11/2017Asimwe Kabunga580,000$0.025$14,500
    27/03/2017Stephen Hunt670,000$0.029$19,730
    13/01/2017Matthew Bull250,000$0.059$14,750

    Click here for the last 20 transactions all companies

    Directors & Executives (current)

    NAMETITLEDATE OF APPT
    Asimwe KabungaChairman05/04/2017
    Trevor MatthewsManaging Director, CEO01/01/2017
    Jack FazioNon Exec Director01/07/2019

    Date of first appointment, title may have changed.

    Directors & Executives (former)

    NAMETITLEDATE OF APPOINTMENTDATE OF RESIGNATION
    Stephen HuntNon Exec Director15/12/201501/05/2020
    Alwyn VorsterIndependent Director01/04/201601/07/2019
    Matthew BullNon Exec Director01/06/201509/07/2018
    Alan ArmstrongNon Exec Director01/12/201422/08/2016
    Adrien WingNon Exec Chairman01/06/201515/12/2015
    Robert HemphillChairman16/04/200801/06/2015
    Julian JarmanNon Exec Director12/08/201301/06/2015
    Alex NeulingExecutive Director16/04/200801/12/2014
    Shiv MadanManaging Director30/11/201012/08/2013
    Michael GriffithsChairman14/04/201030/04/2013
    Ryan BroomCFO02/05/201130/04/2013

    Date of first appointment, title may have changed.