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31 March 2025
| Name: | ORO VERDE LIMITED (OVL) (This company subsequently changed its name to IONIC RARE EARTHS LIMITED. You should refer to that name for Status.) | ||||||
| Date of Listing: | 10 December 1999 | ||||||
| Subsequent Names: |
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| Former Names: |
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Stock Exchange Status: (updated daily)
This company subsequently changed its name to IONIC RARE EARTHS LIMITED. You should refer to that name for Stock Exchange Status.Legal Status: (updated monthly)
This company subsequently changed its name to IONIC RARE EARTHS LIMITED. You should refer to that name for Legal Status.Capital Gains Tax (CGT) Status: (updated at least quarterly)
This company subsequently changed its name and is now IONIC RARE EARTHS LIMITED. You should refer to that name for Capital Gains Tax Status.
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accepts no liability for any loss arising from reliance on this information, including reliance on information that is no longer current.
| FROM | TO | |
| IONIC RARE EARTHS LIMITED | 24/03/2020 | |
| ORO VERDE LIMITED | 15/12/2011 | 24/03/2020 |
| EZENET LIMITED | 15/12/2011 |
Computershare Brisbane
Level 1, 200 Mary Street Brisbane QLD 4000
Tel : +61 (0)3 9415 4000 or 1300 850 505 (within Australia)
Fax : +61 7 3229 9860
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name changed to Ionic Rare Earths Limited | 24/03/2020 |
The suspension of trading in the securities of Oro Verde Limited will be lifted immediately following the release by OVL of an announcement regarding a capital raising. | 02/03/2020 |
The company releases a notification of Proposed issue of Securities - OVL. | 02/03/2020 |
Placement and SPP to advance the Makuutu ionic clay hosted Rare Earth Project. Funds to be used for an immediate follow-up drilling program and advanced metallurgy and process design work as part of the wider scoping study which is currently underway. Maiden JORC mineral resource estimate expected to be released in 1st Quarter 2020 . | 02/03/2020 |
The securities of Oro Verde Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of OVL, pending the release of an announcement regarding a capital raising | 28/02/2020 |
The suspension of trading in the securities of Oro Verde Limited will be lifted from the commencement of trading today, Friday, 5 July 2019, following the release by OVL of an announcement regarding an acquisition. | 05/07/2019 |
Agreement reached to acquire up to a 60% interest in the Makuutu Rare Earth Elements Project in the mining-friendly country of Uganda, east Africa. Makuutu is a large, ionic adsorption clay-hosted REE project bearing appreciable quantities of critical REE's, particularly neodymium and praseodymium. Extensive drilling has confirmed the widespread presence of mineralised Rare Earth Oxide (REO) clays throughout an area with a strike length of circa 15.0 kms x 1.5 kms in width with mineralisation remaining open along trend to the east and west. Makuutu is one of the few large ionic clay-hosted REE deposits outside of China, where currently a significant portion of global REE production is sourced. Ionic clay deposits generally have several advantages over hard rock deposits, including lower operating and capital costs and shorter timelines for development. Initial investment fully funded by existing cash reserves and share placement of $0.6 million. | 05/07/2019 |
The securities of Oro Verde Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of OVL, pending the release of an announcement regarding a project acquisition. | 03/07/2019 |
The suspension of trading in the securities of Oro Verde Limited (the "Company") will be lifted from commencement of trade on Monday 12 March 2012, following receipt of an announcement from the Company regarding a capital raising. Security Code: OVL | 12/03/2012 |
securities suspended pending an announcement | 02/03/2012 |
Oro Verde Limited (the "Company") will be reinstated to official quotation as from the commencement of trading on Friday, 3 February 2012 following the Company's compliance with listing rule 11.1.3 and chapters 1 and 2 of the ASX listing rules | 02/02/2012 |
drilling commenced on Saturday 14th January at the advanced Chuminga coppergold project in Northern Chile, following the recent completion of road access and drill pads | 18/01/2012 |
company provides shareholders with an update on its corporate and operational activities (The Company has received confirmation from ASX that it intends to reinstate the securities of the Company to official quotation following the provision of certain outstanding information. The Company is currently in the process of satisfying the requirements of the ASX to achieve the re-listing of the Company as soon as possible) | 13/01/2012 |
name changed from Ezenet Limited | 15/12/2011 |
name changed to Ionic Rare Earths Limited | 24/03/2020 |
The suspension of trading in the securities of Oro Verde Limited will be lifted immediately following the release by OVL of an announcement regarding a capital raising. | 02/03/2020 |
The company releases a notification of Proposed issue of Securities - OVL. | 02/03/2020 |
Placement and SPP to advance the Makuutu ionic clay hosted Rare Earth Project. Funds to be used for an immediate follow-up drilling program and advanced metallurgy and process design work as part of the wider scoping study which is currently underway. Maiden JORC mineral resource estimate expected to be released in 1st Quarter 2020 . | 02/03/2020 |
The securities of Oro Verde Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of OVL, pending the release of an announcement regarding a capital raising | 28/02/2020 |
The suspension of trading in the securities of Oro Verde Limited will be lifted from the commencement of trading today, Friday, 5 July 2019, following the release by OVL of an announcement regarding an acquisition. | 05/07/2019 |
Agreement reached to acquire up to a 60% interest in the Makuutu Rare Earth Elements Project in the mining-friendly country of Uganda, east Africa. Makuutu is a large, ionic adsorption clay-hosted REE project bearing appreciable quantities of critical REE's, particularly neodymium and praseodymium. Extensive drilling has confirmed the widespread presence of mineralised Rare Earth Oxide (REO) clays throughout an area with a strike length of circa 15.0 kms x 1.5 kms in width with mineralisation remaining open along trend to the east and west. Makuutu is one of the few large ionic clay-hosted REE deposits outside of China, where currently a significant portion of global REE production is sourced. Ionic clay deposits generally have several advantages over hard rock deposits, including lower operating and capital costs and shorter timelines for development. Initial investment fully funded by existing cash reserves and share placement of $0.6 million. | 05/07/2019 |
The securities of Oro Verde Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of OVL, pending the release of an announcement regarding a project acquisition. | 03/07/2019 |
The suspension of trading in the securities of Oro Verde Limited (the "Company") will be lifted from commencement of trade on Monday 12 March 2012, following receipt of an announcement from the Company regarding a capital raising. Security Code: OVL | 12/03/2012 |
securities suspended pending an announcement | 02/03/2012 |
Oro Verde Limited (the "Company") will be reinstated to official quotation as from the commencement of trading on Friday, 3 February 2012 following the Company's compliance with listing rule 11.1.3 and chapters 1 and 2 of the ASX listing rules | 02/02/2012 |
drilling commenced on Saturday 14th January at the advanced Chuminga coppergold project in Northern Chile, following the recent completion of road access and drill pads | 18/01/2012 |
company provides shareholders with an update on its corporate and operational activities (The Company has received confirmation from ASX that it intends to reinstate the securities of the Company to official quotation following the provision of certain outstanding information. The Company is currently in the process of satisfying the requirements of the ASX to achieve the re-listing of the Company as soon as possible) | 13/01/2012 |
name changed from Ezenet Limited | 15/12/2011 |
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Purchases Sales
| DATE | DIRECTOR | NUMBER | PRICE | AMOUNT |
|---|---|---|---|---|
| 17/03/2017 | Brett Dickson | -2,500,000 | $0.019 | $47,353 |
| 22/02/2017 | Brett Dickson | -2,500,000 | $0.210 | $525,000 |
| 14/10/2016 | Brett Dickson | -2,500,000 | $0.022 | $53,818 |
| 29/08/2013 | Wolf Martinick | 48,993 | $0.014 | $686 |
| 02/07/2013 | Wolf Martinick | 63,623 | $0.010 | $636 |
| NAME | TITLE | DATE OF APPT |
|---|---|---|
| Douglas Bright | CEO | 01/01/2018 |
| Brett Dickson | Finance Director, Company Secretary | 07/07/2009 |
| Brad Farrell | Non Exec Director | 08/08/2011 |
| Anthony Rovira | Non Exec Director | 21/11/2014 |
| Marc Steffens | Executive Director | 30/11/2018 |
| John Traicos | General Manager | 10/08/2011 |
Date of first appointment, title may have changed.
| NAME | TITLE | DATE OF APPOINTMENT | DATE OF RESIGNATION |
|---|---|---|---|
| Wolf Martinick | Non Exec Chairman | 13/01/2003 | 24/10/2018 |
| Trevor Woolfe | Managing Director, CEO | 21/11/2014 | 31/12/2017 |
| Ross O'Dea | Deputy Chairman, Non Exec Director | 07/03/2002 | 21/11/2014 |
| David Ward | Non Exec Director | 22/07/2005 | 21/11/2014 |
Date of first appointment, title may have changed.
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