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01 April 2025
Name: | LEGACY IRON ORE LIMITED (LCY) |
ISIN: | AU000000LCY6 |
Date of Listing: | 08 July 2008 |
Stock Exchange Status: (updated daily)
This entity is currently listed and quoted on the Australian Securities Exchange.Legal Status: (updated monthly)
ACN: 125 010 353ABN: 31 125 010 353
Registration Date: 20 April 2007
Capital Gains Tax (CGT) Status: (updated at least quarterly)
To crystallise a capital gain or capital loss on your securities in this entity, you are able to sell your securities on-market in the normal manner. If you determine that the market in your securities is illiquid and you still wish to crystallise a capital gain or loss, kindly contact deListed at admin@delisted.com.au for suggestions as to how you might proceed.
Updates, corrections, disagreements please email to admin@delisted.com.au
Further information: deListed and InvestoGain are operated by Investogain Pty Limited which is licensed by ASIC as an Australian Financial Services Licensee (AFSL 334036). deListed acquires only securities that it deems to be of little or no value, in circumstances where the holder is unable to sell their securities on-market in the normal manner. This service has been provided online via the company’s website www.delisted.com.au since 2004.
Getting advice: Information provided in this section is of a general nature and applicable only to Australian tax residents who hold their investments on capital account (ie for long-term investment purposes). It has been prepared without taking into account your financial needs or tax situation. Before acting on the information, deListed suggests that you consider whether it is appropriate for your circumstances and recommends that you seek independent legal, financial, or taxation advice.
Disclaimer: The information provided above is to the best of our knowledge accurate as of today. But you should bear in mind that it is of a general nature and does not constitute financial or tax advice. Investogain Pty Limited accepts no liability for any loss arising from reliance on this information, including reliance on information that is no longer current.
Automic Registry Pty Ltd
Level 5, 191 ST GEORGES TERRACE PERTH WA 6000
Tel : +61 (2) 8072 1400 or 1300 288 664 (within Australia)
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The suspension of trading in the securities of Legacy Iron Ore Limited will be lifted immediately following the release by LCY of an announcement regarding its compliance with the Listing Rules, including Listing Rule 12.2, and that it is otherwise appropriate for LCY's securities to be reinstated to quotation. | 22/11/2024 |
The company releases its application for quotation of securities. | 21/11/2024 |
The company has successfully closed its Accelerated Non-Renounceable Entitlement Offer, raising $379,859 in retail and $22.53 million in institutional components. The retail component offered 2 Legacy Shares for every 7 held shares, while the institutional component raised $22.15 million. The shortfall is 155,377,730 Legacy Shares, available to eligible shareholders. | 21/11/2024 |
The company releases its application for quotation of securities. | 06/11/2024 |
The company releases a letter to shareholders. The company invites eligible shareholders to participate in a non-renounceable retail entitlement offer, raising up to approximately $24,242,580. The offer allows shareholders to subscribe for 2 new shares for every 7 existing shares held on the Record Date. The prospectus and Entitlement and Acceptance Forms are available online. | 06/11/2024 |
The company has completed its Accelerated Non-Renounceable Entitlement Offer (ANREO), raising A$22.15 million before costs. The institutional component of the ANREO was offered to NMDC Limited, who subscribed for its full entitlement of 2,013,961,707 fully paid ordinary shares in Legacy Iron. The retail component is expected to open on 6 November 2024. | 04/11/2024 |
The company releases its Quarterly Activities Report. | 31/10/2024 |
The company releases its Quarterly Appendix 5B Cash Flow Report. | 31/10/2024 |
The Entitlement Offer Prospectus aims to raise approximately $24,242,580 through a non-renounceable accelerated institutional and retail entitlement issue of 2 shares for every 7 registered shares. | 29/10/2024 |
The company releases its Half Yearly Report and Accounts. | 22/10/2024 |
The company plans to launch an Entitlement Offer to raise $24.24m, with funds used for Mt Bevan iron ore and Mt Celia gold projects. The suspension is not lifted. | 18/10/2024 |
Graeme Wovodich (trading as Carlton & Partners Co) has been appointed as auditor of the Company, with effect from today. This appointment follows the resignation of HLB Mann Judd and ASIC's consent to the resignation in accordance with s329(5) of the Corporations Act 2001. | 03/10/2024 |
The Mt Bevan Iron Ore Joint Venture Committee has unanimously approved a A$20M Forward Works Program to further define, optimise and de-risk the Mt Bevan Magnetite Project. | 20/09/2024 |
Between May 2024 and August 2024 Legacy Iron drilled 17,305 metres from 355 holes in new resource development programs. Drilling designed to test the strike and down dip continuity of previously identified mineralization within Blue Peter and Kangaroo Bore ore deposits. Drilling intersected gold mineralisation greater than 5.0 gram metre Au in 135 holes. The most significant mineralised intersections are: MCRC147 - 16 m @ 3.11 g/t Au from 17 m hole depth, MCRC219 - 4 m @ 11.15 g/t Au from 39 m hole depth, MCRC304 - 7 m @ 4.70 g/t Au from 22 m hole depth, MCRC311 - 2 m @ 36.33 g/t Au from 38 m hole depth, MCRC402 - 3 m @ 23.02 g/t Au from 23 m hole depth. Drilling results will be reviewed to identify high-potential targets for the next stage of drill targeting to define the continuity of mineralisation. | 18/09/2024 |
Analytical results received from samples drilled at the Company's Patricia North prospect. Drilling was designed to test five targets identified from early-stage exploration. The 2024 program totaled 20 holes for 1686 metres of reverse circulation drilling. Drilling intersected gold mineralisation greater than 0.50 ppm Au in 12 of the holes drilled. The most significant mineralised intersections are: 2 m @ 3.49 g/t Au from 79 m hole depth in PNRC023, 3 m @ 3.11 g/t Au from 73 m hole depth in PNRC027, 3 m @ 1.92 g/t Au from 73 m hole depth in PNRC024, 5 m @ 1.24 g/t Au from 15 m hole depth in PNRC030, 1 m @ 3.13 g/t Au from 57 m hole depth in PNRC015. Drilling results will be reviewed to identify high-potential targets for the next stage of drill targeting to define the continuity of mineralisation. | 16/09/2024 |
The company releases a response to further ASX query letter. | 13/09/2024 |
The securities of Legacy Iron Ore Limited were suspended at LCY's request on 29 August 2024 pending LCY demonstrating to the satisfaction of ASX that it is in compliance with Listing Rule 12.2. ASX has determined that LCY's financial condition is not adequate to warrant the continued quotation of its securities and therefore LCY is in breach of Listing Rule 12.2. In making this determination, ASX has had regard to LCY's annual financial statements for the period ended 31 March 2024 and the disclaimer of opinion included in the auditor's report. The suspension will continue until ASX is satisfied that LCY is in compliance with the Listing Rules, including Listing Rule 12.2, and that it is otherwise appropriate for LCY's securities to be reinstated to quotation. | 09/09/2024 |
The company releases a response to ASX Query. | 04/09/2024 |
The securities of Legacy Iron Ore Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of LCY, pending LCY demonstrating to the satisfaction of ASX that it is in compliance with Listing Rule 12.2. | 29/08/2024 |
former Legacy Iron Ore Limited Managing Director, Sharon Kia Le Heng and former Legacy accountant, Karen Kwan appear in the Perth Magistrates Court each charged on 13 counts of stealing, following an ASIC investigation - ASIC alleges that between June 2012 and November 2013, Ms Heng and Ms Kwan stole approximately $725,000 from Legacy - ASIC alleges that Ms Heng and Ms Kwan made 13 electronic funds transfers from Legacy's bank account to the bank account of Regency Infrastructure Pty Ltd, a company controlled by Ms Heng, in circumstances where there was no legitimate basis for these payments | 04/12/2020 |
releases Annual Report to shareholders | 12/11/2014 |
The suspension of trading in the securities of Legacy Iron Ore Limited (the "Company") will be lifted before the commencement of trading tomorrow, Friday 14 November 2014, following the lodgement of the Company's statutory accounts. Security Code: LCY LCYO LCYOA | 03/11/2014 |
The securities of Legacy Iron Ore Limited (the "Company") will be suspended from quotation immediately at the request of the Company pending the release of an announcement. Security Code: LCY LCYO LCYOA | 26/09/2014 |
The deferred securities of Legacy Iron Ore Limited (the "Company") will be suspended from quotation as from the commencement of trading tomorrow, 13 August 2013, due to the Company not proceeding with the entitlement offer. Security Code: LCYN | 12/08/2013 |
options are reinstated | 01/06/2010 |
options (LCYOA) are suspended | 18/01/2010 |
The suspension of trading in the securities of Legacy Iron Ore Limited will be lifted immediately following the release by LCY of an announcement regarding its compliance with the Listing Rules, including Listing Rule 12.2, and that it is otherwise appropriate for LCY's securities to be reinstated to quotation. | 22/11/2024 |
The company releases its application for quotation of securities. | 21/11/2024 |
The company has successfully closed its Accelerated Non-Renounceable Entitlement Offer, raising $379,859 in retail and $22.53 million in institutional components. The retail component offered 2 Legacy Shares for every 7 held shares, while the institutional component raised $22.15 million. The shortfall is 155,377,730 Legacy Shares, available to eligible shareholders. | 21/11/2024 |
The company releases its application for quotation of securities. | 06/11/2024 |
The company releases a letter to shareholders. The company invites eligible shareholders to participate in a non-renounceable retail entitlement offer, raising up to approximately $24,242,580. The offer allows shareholders to subscribe for 2 new shares for every 7 existing shares held on the Record Date. The prospectus and Entitlement and Acceptance Forms are available online. | 06/11/2024 |
The company has completed its Accelerated Non-Renounceable Entitlement Offer (ANREO), raising A$22.15 million before costs. The institutional component of the ANREO was offered to NMDC Limited, who subscribed for its full entitlement of 2,013,961,707 fully paid ordinary shares in Legacy Iron. The retail component is expected to open on 6 November 2024. | 04/11/2024 |
The company releases its Quarterly Activities Report. | 31/10/2024 |
The company releases its Quarterly Appendix 5B Cash Flow Report. | 31/10/2024 |
The Entitlement Offer Prospectus aims to raise approximately $24,242,580 through a non-renounceable accelerated institutional and retail entitlement issue of 2 shares for every 7 registered shares. | 29/10/2024 |
The company releases its Half Yearly Report and Accounts. | 22/10/2024 |
The company plans to launch an Entitlement Offer to raise $24.24m, with funds used for Mt Bevan iron ore and Mt Celia gold projects. The suspension is not lifted. | 18/10/2024 |
Graeme Wovodich (trading as Carlton & Partners Co) has been appointed as auditor of the Company, with effect from today. This appointment follows the resignation of HLB Mann Judd and ASIC's consent to the resignation in accordance with s329(5) of the Corporations Act 2001. | 03/10/2024 |
The Mt Bevan Iron Ore Joint Venture Committee has unanimously approved a A$20M Forward Works Program to further define, optimise and de-risk the Mt Bevan Magnetite Project. | 20/09/2024 |
Between May 2024 and August 2024 Legacy Iron drilled 17,305 metres from 355 holes in new resource development programs. Drilling designed to test the strike and down dip continuity of previously identified mineralization within Blue Peter and Kangaroo Bore ore deposits. Drilling intersected gold mineralisation greater than 5.0 gram metre Au in 135 holes. The most significant mineralised intersections are: MCRC147 - 16 m @ 3.11 g/t Au from 17 m hole depth, MCRC219 - 4 m @ 11.15 g/t Au from 39 m hole depth, MCRC304 - 7 m @ 4.70 g/t Au from 22 m hole depth, MCRC311 - 2 m @ 36.33 g/t Au from 38 m hole depth, MCRC402 - 3 m @ 23.02 g/t Au from 23 m hole depth. Drilling results will be reviewed to identify high-potential targets for the next stage of drill targeting to define the continuity of mineralisation. | 18/09/2024 |
Analytical results received from samples drilled at the Company's Patricia North prospect. Drilling was designed to test five targets identified from early-stage exploration. The 2024 program totaled 20 holes for 1686 metres of reverse circulation drilling. Drilling intersected gold mineralisation greater than 0.50 ppm Au in 12 of the holes drilled. The most significant mineralised intersections are: 2 m @ 3.49 g/t Au from 79 m hole depth in PNRC023, 3 m @ 3.11 g/t Au from 73 m hole depth in PNRC027, 3 m @ 1.92 g/t Au from 73 m hole depth in PNRC024, 5 m @ 1.24 g/t Au from 15 m hole depth in PNRC030, 1 m @ 3.13 g/t Au from 57 m hole depth in PNRC015. Drilling results will be reviewed to identify high-potential targets for the next stage of drill targeting to define the continuity of mineralisation. | 16/09/2024 |
The company releases a response to further ASX query letter. | 13/09/2024 |
The securities of Legacy Iron Ore Limited were suspended at LCY's request on 29 August 2024 pending LCY demonstrating to the satisfaction of ASX that it is in compliance with Listing Rule 12.2. ASX has determined that LCY's financial condition is not adequate to warrant the continued quotation of its securities and therefore LCY is in breach of Listing Rule 12.2. In making this determination, ASX has had regard to LCY's annual financial statements for the period ended 31 March 2024 and the disclaimer of opinion included in the auditor's report. The suspension will continue until ASX is satisfied that LCY is in compliance with the Listing Rules, including Listing Rule 12.2, and that it is otherwise appropriate for LCY's securities to be reinstated to quotation. | 09/09/2024 |
The company releases a response to ASX Query. | 04/09/2024 |
The securities of Legacy Iron Ore Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of LCY, pending LCY demonstrating to the satisfaction of ASX that it is in compliance with Listing Rule 12.2. | 29/08/2024 |
former Legacy Iron Ore Limited Managing Director, Sharon Kia Le Heng and former Legacy accountant, Karen Kwan appear in the Perth Magistrates Court each charged on 13 counts of stealing, following an ASIC investigation - ASIC alleges that between June 2012 and November 2013, Ms Heng and Ms Kwan stole approximately $725,000 from Legacy - ASIC alleges that Ms Heng and Ms Kwan made 13 electronic funds transfers from Legacy's bank account to the bank account of Regency Infrastructure Pty Ltd, a company controlled by Ms Heng, in circumstances where there was no legitimate basis for these payments | 04/12/2020 |
releases Annual Report to shareholders | 12/11/2014 |
The suspension of trading in the securities of Legacy Iron Ore Limited (the "Company") will be lifted before the commencement of trading tomorrow, Friday 14 November 2014, following the lodgement of the Company's statutory accounts. Security Code: LCY LCYO LCYOA | 03/11/2014 |
The securities of Legacy Iron Ore Limited (the "Company") will be suspended from quotation immediately at the request of the Company pending the release of an announcement. Security Code: LCY LCYO LCYOA | 26/09/2014 |
The deferred securities of Legacy Iron Ore Limited (the "Company") will be suspended from quotation as from the commencement of trading tomorrow, 13 August 2013, due to the Company not proceeding with the entitlement offer. Security Code: LCYN | 12/08/2013 |
options are reinstated | 01/06/2010 |
options (LCYOA) are suspended | 18/01/2010 |
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DATE | DIRECTOR | NUMBER | PRICE | AMOUNT |
---|---|---|---|---|
23/08/2021 | Rakesh Gupta | 2,125,000 | $0.015 | $31,075 |
22/12/2020 | Rakesh Gupta | -618,000 | $0.047 | $28,737 |
15/12/2020 | Rakesh Gupta | -1,300,810 | $0.032 | $41,626 |
14/06/2017 | Timothy Turner | 1,000,000 | $0.004 | $4,000 |
12/08/2013 | Sharon Heng | 660,000 | $0.052 | $34,110 |
NAME | TITLE | DATE OF APPT |
---|---|---|
Shri Mukherjee | Non Exec Chairman | 12/03/2019 |
Vishwanath Suresh | Non Exec Director | 22/03/2023 |
Vinay Kumar | Non Exec Director | 29/08/2024 |
Ross Oliver | Non Exec Director | 28/10/2024 |
Rakesh Gupta | Executive Director, CEO | 31/01/2015 |
Ben Donovan | Company Secretary |
Date of first appointment, title may have changed.
NAME | TITLE | DATE OF APPOINTMENT | DATE OF RESIGNATION |
---|---|---|---|
Devanathan Ramachandran | Non Exec Director | 05/11/2014 | 22/10/2024 |
Abanindra Padhy | Non Exec Director | 21/09/2023 | 05/07/2024 |
Sumit Deb | Non Exec Chairman | 06/08/2020 | 16/03/2023 |
Somnath Nandi | Non Exec Director | 26/11/2021 | 02/03/2023 |
Shri Mehta | Non Exec Director | 17/06/2019 | 06/10/2021 |
Baijendra Kumar | Non Exec Chairman | 09/07/2018 | 04/08/2020 |
Tanugula Rao | Non Exec Director | 26/03/2015 | 03/06/2019 |
Narendra Nanda | Non Exec Director | 19/12/2011 | 12/03/2019 |
Devinder Ahluwalia | Non Exec Director | 22/01/2015 | 01/05/2018 |
Timothy Turner | Non Exec Director | 26/03/2008 | 31/08/2017 |
Swaminathan Thiagarajn | Non Exec Director | 16/12/2011 | 07/01/2015 |
Subimal Bose | Non Exec Director | 18/01/2012 | 14/11/2014 |
Sharon Heng | Managing Director, Executive Director | 20/04/2007 | 31/10/2014 |
Julian Mizera | CEO | 17/03/2014 | 29/08/2014 |
John Hebenton | CEO | 12/09/2011 | 03/09/2012 |
Tao Han | Non Exec Director | 26/03/2008 | 29/02/2012 |
Rana Som | Non Exec Director | 19/12/2011 | 19/01/2012 |
Date of first appointment, title may have changed.
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