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GWR GROUP LIMITED | 05/12/2013 | |
GOLDEN WEST RESOURCES LIMITED | 05/12/2013 |
Level 5, 126 Philip Street Sydney NSW 2000 GPO Box 5193 Sydney NSW 2001
Tel : 1300 288 664 or +61 2 9698 5414The suspension of trading in the securities of GWR Group Limited will be lifted immediately following the release by GWR of an announcement regarding execution of a term sheet to grant mining rights in relation to two deposits in Western Australia and a response to an ASX Price Query | 20/07/2022 |
Binding Term Sheet for the grant of iron ore rights to Gold Valley Iron Ore Pty Ltd in relation to C4 and JWD deposits for a consideration of $30,000,000 plus potential royalties and an additional $5,000,000 for sundry plant, stores and stockpiles. GWR has been dealing with GV for a number of years in relation to the JWD deposit over which time GWR has received a number of payments from GV. GWR has also undertaken standard due diligence reviews of publically available information to satisfy itself as to GV's financial capacity to perform its obligations. GWR retains both legal and beneficial ownership to all tenements and all other iron ore deposits at Wiluna West Iron Ore Project. There are no conditions that need to be satisfied before the parties are bound to proceed with the Term Sheet. GWR has mining approvals in place for the C3 Deposit located to the south of C4 and for the Bowerbird deposits located to the East of C4 and has a further 10 deposits forming part of the Wiluna West Iron Ore Project. GWR proposes to use the funds received under the Term Sheet for the following purposes: re-evaluate the development models for both the C3 and Bowerbird deposits; review the logistical options available to the group to improve margins through lower transport costs for its iron ore deposits; bring forward planned field work and development studies on the groups Prospect Ridge Magnesite project in Tasmania including a 7,350-meter RC drilling program. GWR has a July fixed price shipment of ore mined from C4 at US$114/t FOB, which is scheduled to commence loading on or around 22 July 2022. GWR has 3 further shipments scheduled for August, September, and October 2022 but has the right to terminate those shipments in the event GV meets its obligation to make the additional $5,000,000 payment due 21 days after signing the Term Sheet. | 20/07/2022 |
The Company now expects the suspension will be required for a period not exceeding the commencement of trading on 20 July 2022, and that an announcement will likely be made within this timeframe. | 15/07/2022 |
The Company now expects the suspension will be required for a period not exceeding the commencement of trading on 15 July 2022, and that an announcement will likely be made within this timeframe. | 13/07/2022 |
The Company now expects the suspension will be required for a period not exceeding the commencement of trading on 13 July 2022, and that an announcement responding to an ASX Querly Letter will likely be made within this timeframe. | 11/07/2022 |
The Company now expects the suspension will be required for a period not exceeding the commencement of trading on 11 July 2022, and that an announcement will likely be made within this timeframe. | 07/07/2022 |
The securities of GWR Group Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of GWR, pending the release of an announcement responding to an ASX query letter. | 05/07/2022 |
The suspension of trading in the securities of GWR Group Limited will be lifted immediately, following the release by GWR of an announcement. | 05/08/2019 |
Term Sheet for a Mining Rights Agreement executed for mining of up to 3 million tonnes of iron ore from JWD Deposit at GWR's 100% owned Wiluna West Iron Ore Project subject to due diligence and signing of a formal agreement. Under the Mining Rights Agreement to Gold Valley Iron Ore Pty Ltd, GWR will receive staged payments totalling up to $5 million cash plus a production royalty linked to the iron ore price in the range of $1 to $2 per tonne. This transaction aims to provide not only a revenue stream but acts as a potential template for further exploitation of the 130 million tonne high grade Iron Ore deposit for which mining approval for the extraction of 7mtpa is in place. Continues GWR's success following Hatches Creek Tungsten Farm In agreement. | 05/08/2019 |
The company lodges its June Quarterly Report and Appendix 5B. | 30/07/2019 |
The company requests a continuation of the voluntary suspension of its securities. The company anticipates that the suspension will be required for a period not exceeding the commencement of trading on 2 August 2019, and that an announcement will likely be made within this timeframe. | 26/07/2019 |
The company now anticipates that suspension of trading in its securities will be required for a period not exceeding the commencement of trading on 26 July 2019, and that an announcement relating to a material transaction involving a potential asset disposal will likely be made within this timeframe. | 09/07/2019 |
The company requests a continuation of the voluntary suspension of the trading in its securities pending an announcement relating to a material transaction involving a potential asset disposal. The company anticipates that the suspension will be required for a period not exceeding the commencement of trading on 9 July 2019, and that an announcement will likely be made within this timeframe. | 01/07/2019 |
The company requests a continuation of the voluntary suspension of trading in its securities. The company expects the suspension will be required for a period not exceeding the commencement of trading on 1 July 2019, and that an announcement will likely be made within this timeframe. | 18/06/2019 |
The securities of GWR Group Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of GWR, pending the release of an announcement regarding a potential asset disposal. | 13/06/2019 |
The suspension of trading in the securities of GWR Group Limited will be lifted immediately, following the release by GWR of an announcement regarding drilling results. | 22/05/2019 |
High grade tungsten, copper and molybdenum results achieved from 13 RC drill holes for 1,524 m completed at the Hit or Miss Prospect. All holes yielded multiple significant results. RC drilling to date has identified multiple mineralised structures over a strike length of 240 m and width of up to 250 m, with the strike and depth extensions remaining completely open. A maiden mineral Resource estimate will now be undertaken for the Hit or Miss prospect. | 22/05/2019 |
The securities of GWR Group Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of GWR, pending the release of an announcement regarding drilling at the Hatches Creek Tungsten Project. | 21/05/2019 |
name changed from Golden West Resources Limited | 05/12/2013 |
DATE | DIRECTOR | NUMBER | PRICE | AMOUNT |
---|---|---|---|---|
26/02/2022 | Chin Lau | -100,000 | $0.160 | $16,000.00 |
13/05/2021 | Teck Wong | 21,908,333 | $0.070 | $1,533,583.00 |
29/12/2020 | Gary Lyons | -925,752 | $0.311 | $287,869.00 |
22/12/2020 | Jimmy Lee | -4,362 | $0.300 | $1,309.00 |
22/12/2020 | Gary Lyons | -150,000 | $0.300 | $45,000.00 |
NAME | TITLE | DATE OF APPT |
---|---|---|
Gary Lyons | Non Exec Chairman | 02/06/2010 |
Simon Borck | CFO, Company Secretary | 16/12/2024 |
Teck Wong | Director | 27/07/2011 |
Wai Ho Law | Director | 03/02/2023 |
Rhys Davies | Company Secretary |
Date of first appointment, title may have changed.
NAME | TITLE | DATE OF APPOINTMENT | DATE OF RESIGNATION |
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Date of first appointment, title may have changed.