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07 November 2024
| Name: | OREXPLORE TECHNOLOGIES LIMITED (OXT) |
| ISIN: | AU0000196727 |
| Date of Listing: | 21 January 2022 |
Stock Exchange Status: (updated daily)
This entity is currently suspended from quotation on the Australian Securities Exchange and its securities cannot be traded on-market.Legal Status: (updated monthly)
This entity was placed in administration on 13 May 2024. It may currently be in administration or it may be subject to a deed of company arrangement.Capital Gains Tax (CGT) Status: (updated at least quarterly)
The securities in this entity, in our opinion, are of little or no value. We have made that assessment by reference to the circumstances leading to a suspension and/or delisting, the length of a suspension, share trading history and last on-market share price, most recent financial and cash flow statements, prospects (including likelihood of re-financing), and other factors including in particular whether the entity is in external administration. If you are seeking to crystallise a capital loss on your securities, that process can be easily and quickly initiated at our online Worthless Shares facility here: https://www.delisted.com.au/sell-worthless-and-other-securities/.
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.
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Tel : +61 (2) 8072 1400 or 1300 288 664 (within Australia)
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Under Listing Rule 17.6, an entity (if not already suspended) that had not paid its annual listing fees by close of business on Wednesday, 21 August 2024 would have its securities suspended from Official Quotation before the commencement of trading on Thursday, 22 August 2024. The Company has failed to pay to ASX the annual listing fees for the year ending 30 June 2025, and each entity's securities are already suspended from quotation. | 22/08/2024 |
Shareholders in this company should consider crystallising a capital loss in 2024/25 by selling their shares. This process is now much easier and quicker. It can be achieved online by entering transaction details here. While, this usually makes good economic sense we recommend you seek professional advice before buying or selling securities, your accountant is probably the best person. | 04/08/2024 |
The Administrators give notice that they intend to rely on the relief set out in the Instrument which provides for the deferral of financial reporting obligations for a minimum period of six (6) months and up to a maximum period of 24 months from the date of Administrators appointment. They also intend to rely on the relief set out in the Instrument which provides that a company that is not required to comply with financial reporting obligations under Part 2M.3 of the Act in relation to a financial year does not have to comply with the requirement under section 250N of the Act to hold an AGM. | 24/05/2024 |
The directors resolved on 13 May 2024 to appoint Quentin Olde and Liam Healey of Ankura Consulting as joint and several voluntary administrators. | 13/05/2024 |
The securities of Orexplore Technologies Limited will be suspended from quotation immediately under Listing Rule 17.3, following the appointment of Quentin Olde and Liam Healey of Ankura Consulting as joint and several Voluntary Administrators of the Company. | 12/05/2024 |
listed entity carried for record purposes only | 21/01/2022 |
Under Listing Rule 17.6, an entity (if not already suspended) that had not paid its annual listing fees by close of business on Wednesday, 21 August 2024 would have its securities suspended from Official Quotation before the commencement of trading on Thursday, 22 August 2024. The Company has failed to pay to ASX the annual listing fees for the year ending 30 June 2025, and each entity's securities are already suspended from quotation. | 22/08/2024 |
Shareholders in this company should consider crystallising a capital loss in 2024/25 by selling their shares. This process is now much easier and quicker. It can be achieved online by entering transaction details here. While, this usually makes good economic sense we recommend you seek professional advice before buying or selling securities, your accountant is probably the best person. | 04/08/2024 |
The Administrators give notice that they intend to rely on the relief set out in the Instrument which provides for the deferral of financial reporting obligations for a minimum period of six (6) months and up to a maximum period of 24 months from the date of Administrators appointment. They also intend to rely on the relief set out in the Instrument which provides that a company that is not required to comply with financial reporting obligations under Part 2M.3 of the Act in relation to a financial year does not have to comply with the requirement under section 250N of the Act to hold an AGM. | 24/05/2024 |
The directors resolved on 13 May 2024 to appoint Quentin Olde and Liam Healey of Ankura Consulting as joint and several voluntary administrators. | 13/05/2024 |
The securities of Orexplore Technologies Limited will be suspended from quotation immediately under Listing Rule 17.3, following the appointment of Quentin Olde and Liam Healey of Ankura Consulting as joint and several Voluntary Administrators of the Company. | 12/05/2024 |
listed entity carried for record purposes only | 21/01/2022 |
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Purchases Sales
| DATE | DIRECTOR | NUMBER | PRICE | AMOUNT |
|---|---|---|---|---|
| 21/12/2022 | Kent Swick | 437,120 | $0.095 | $41,634 |
| 15/12/2022 | Kent Swick | 475,000 | $0.095 | $45,274 |
| 01/12/2022 | Kent Swick | 227,200 | $0.093 | $21,017 |
| 29/11/2022 | Kent Swick | 508,680 | $0.091 | $46,077 |
| 10/11/2022 | Kent Swick | 500,000 | $0.085 | $42,639 |
| NAME | TITLE | DATE OF APPT |
|---|---|---|
| Alan Bye | Non Exec Chairman | 31/10/2020 |
| Brett Giroud | Managing Director | 03/07/2021 |
| Greg Haskis | CFO | 22/06/2022 |
| Stefan Sadbom | Non Exec Director | 21/01/2022 |
| Kent Swick | Non Exec Director | 21/01/2022 |
| Frank Campagna | Company Secretary |
Date of first appointment, title may have changed.
| NAME | TITLE | DATE OF APPOINTMENT | DATE OF RESIGNATION |
|---|---|---|---|
| William Randall | Non Exec Director | 23/01/2023 | 01/03/2024 |
| Stuart Carmichael | Non Exec Director | 21/01/2022 | 01/11/2023 |
| David French | CFO | 31/01/2022 | 22/06/2022 |
Date of first appointment, title may have changed.
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